Outsourcing

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Coming soon.

(Source: Business Continuity Management Institute - BCM Institute)

2. The transfer of business functions to an independent (internal and/or external) supplier.

(Source: Business Continuity Institute - BCI)

3. The process by which functions performed by the organisation are contracted out for operation, on the organisation's behalf, by third parties.

(Source: OGC, Information Technology Infrastructure Library (ITIL) v3)