Outsourcing: The transfer of a function of an organisation to an external company that provides this service.
Off shoring: The transfer of an organisational function to another country, regardless of whether the work is outsourced or stays within the same corporation.
Multi-Sourcing: A framework to enable services to be sourced from more than one service company.
On-Demand: Involves making computer resources available to the client organisation as and when needed.
Utility computing: A computing service that the customer pays for according to how much they use.
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