offshore operations

Offshore operations refer to business activities conducted outside a company's home country, often to reduce costs, improve efficiency, or access specific resources. This can include manufacturing, customer service, or financial services located in different countries. Companies choose offshore operations to benefit from lower labor costs, favorable regulations, or tax advantages. While effective for cost savings, offshore operations can also raise concerns about job loss in the home country, quality control, and ethical practices. Ultimately, it’s a strategic decision influenced by various economic and operational factors.