It is an example of global outsourcing.
Global outsourcing, often known as offshore, is the practice of outsourcing to a third party located outside of your nation.
Global outsourcing is the most common source for businesses globally, allowing them to locate sources (agencies and other businesses) with cheaper labor costs, new market prospects, and unique materials to make their entire operations more flexible.
The assignment of certain business operations to a specialized external service provider is what outsourcing is all about. In most circumstances, the company cannot handle all parts of the business process on its own, therefore it seeks assistance from other organizations that specialize in the relevant area.
Therefore, the answer is global outsourcing.
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