A laboratory that operates independently of a hospital and physicianâs office to furnish physiological diagnostic services (e. g.
To decide between outsourcing and offshoring, it will really depend on the nature of your business and your needs. Outsourcing may be better for those who want fast, flexible and cheap services. Whereas offshoring may be better suited for those who need more control, cultural similarities and higher quality services that are cost effective.
Offshoring (or, more accurately, offshore outsourcing) is, in fact, a small but important subset of outsourcing: It's where a company outsources services to a third party in a country other than the one in which the client company is based, primarily to take advantage of lower labor costs.he business case for outsourcing varies by situation, but reasons for outsourcing often include one or more of the following: 1  lower costs (due to economies of scale or lower labor rates). 2  variable capacity. 3  the ability to focus on core competencies by ridding yourself of peripheral ones.