Examlex
A hospital radiology department has the following activities:
Which activity is a value-added activity?
Insourcing
The practice of performing a business function internally rather than outsourcing it to an external provider or company.
Reverse Outsourcing
The practice where jobs or tasks are brought back in-house from an external service provider, often to regain control or reduce costs.
Nearshoring
The practice of transferring a business operation to a nearby country, often to reduce costs and improve collaboration due to geographical proximity.
Onshoring
The process of returning a business's production or services to its home country from overseas to benefit from domestic advantages.
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