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.
Outsourcing involves enlisting services and products from outside the company, sometimes from abroad. Outsourcing can be much more extensive in larger corporations. On a smaller scale, a family-owned grocery store might outsource bookkeeping responsibilities to an independent accountant.