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What Can a Company Do to Reduce the Risk of an Outsourcing

question 112

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What can a company do to reduce the risk of an outsourcing company entering the market and becoming a competitor?


Definitions:

Speed of Operations

Refers to the rate at which tasks, processes, or computations are conducted, often critical in determining efficiency in various operational contexts.

Memory

The cognitive function that enables the storage, retention, and recall of information, experiences, and procedures.

Process

A series of actions or steps taken in order to achieve a particular end.

Electronic Health Records (EHR)

Digital version of a patient's paper chart, making information available instantly and securely to authorized users.

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