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.
The IT revolution and computer technology played a key role in the development of outsourcing. Companies started outsourcing their business specific functions to offshore and third party service providers such as human resource, accounting, and data processing.Company management and other core functions remained under the companyâs supervision. Offshore outsourcing is now one of the best business concepts.From the early needs of the manufacturing business, outsourcing has evolved and moved into the world of information technology, data transcription, and call centre operations.ffshore outsourcing is now one of the best business concepts. From the early needs of the manufacturing business, outsourcing has evolved and moved into the world of information technology, data transcription, and call centre operations.