A new business model that has recently progressed is the offshore outsourcing model.  Offshore outsourcing company offers an array of services which were not available earlier. This model is extensively accepted due to the following factors like: cost advantage: businesses get quality services within the prescribed deadline at affordable rates. Scalability: each stakeholder makes the most of their resources thus guaranteeing higher returns for each. Adaptability: these companies can foresee the changing trends and thus train the businesses to be prepared so that they can yield maximum benefit. Since these companies are located offshore businesses can target global markets with ease thus increasing their international clientele. This model eases the migration to new technologies, provides wider flexibility to the business and the most important is that it allows the businesses to concentrate on their core competency. This way the business can earn economies of scale and stay ahead of the growing competition.

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