externalisation
-
attributing to outside causes
externalisation meaning & definition 1 of externalisation.
-
embodying in an outward form
externalisation meaning & definition 2 of externalisation.
-
Externalisation is a process in which individuals, groups, or businesses transfer or delegate their internal tasks, operations, functions or responsibilities to an external service provider, agency, or third-party entity. It involves shifting activities traditionally managed within an organisation to a specialized firm to improve efficiency, productivity, or reduce costs. This concept is most commonly seen in outsourcing and offshoring business strategies.
externalisation meaning & definition 3 of externalisation.