smitha.srinu
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what is the difference between FDI and Outsourcing?
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Foreign direct investment would mean long term investments by a foreign company.
Read http://en.wikipedia.org/wiki/Foreign_direct_investment
To explain outsourcing. Say Nokia is best for manufacturing cell phones, but they are not good at manufacturing batteries. So that they do, they outsource the batteries from the best producer at a cost efficient pricing.
Read http://en.wikipedia.org/wiki/Outsourcing .
Read http://en.wikipedia.org/wiki/Foreign_direct_investment
To explain outsourcing. Say Nokia is best for manufacturing cell phones, but they are not good at manufacturing batteries. So that they do, they outsource the batteries from the best producer at a cost efficient pricing.
Read http://en.wikipedia.org/wiki/Outsourcing .