Title: The challenges of offshoring and outsourcing
Abstract: The impact of global economic uncertainty on every business agent is a driver in searching for alternatives to allocate resources, which allow obtaining the expected return and risk management of the economic process.With the business model of outsourcing and offshoring, organizations receive suitable tool for managing company resources and optimizing the quality of their business processes.The main purpose of this paper is to review the positives and negatives of outsourcing and offshoring, to summarize some of the factors and the trends determining the formation of Bulgaria as a destination for this business model.The continuous development of outsourcing and offshoring and the associated advantages and disadvantages with them can be a factor in the competitiveness of modern business at regional, national and global level.