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.
2 OUTSOURCING NOVEMBER 2011 Â© 2011 ACCA process is outsourced to a foreign company operating in a cheaper labour area (off-shoring). 3. Cost certainty. An outsourcing contract at a fixed, or closely defined price, shifts much of the financial risk on to the provider. Costs become more predictable.