THE GEOGRAPHY OF THE WORLD ECONOMY
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Transcript of THE GEOGRAPHY OF THE WORLD ECONOMY
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LECTURER: TRUONG THI KIM CHUYEN
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Service: definitions1. The general way2. Sectors of service3. Subjects of service4. Characteristics of service
Outsourcing: 1. Definitions2. Viet Nam outsourcing3. Benefits and Drawbacks
Case study- Medical outsourcing
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The process or transaction of the production and consumption of intangible inputs and outputs
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• Financial, insurance and real estate (FIRE)
• Business service • Transportation and
communications• Wholesale and retail trade• Entertainment, hotels and
motels- part of tourism• Public service • Nonprofit services
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Service is a set of industries or series of occupations change a person, manufactured or information physically, spatially or temporally.
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• Intangibility• Perishability• Inseparability• Simultaneity• Variability
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• Outsourcing: - an effective cost-saving strategy. - produce parts or products abroad for
domestic sale. E.g : Dell, book – keeping, Viet Nam Software… - transfer technology and capital from the rich
country to developing country.
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• Forms: information technology outsourcing (ITO), business process outsourcing (BPO), human resources outsourcing (HRO)…….
• Purpose: + Creates and expands new markets, + Effectively and efficiently promotes global
citizenship, + Recognizes the benefits of a global economy, + Enhances technological creativity and diversity, + Makes good social, financial, and economic sense.
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• Quickly emerging as a software outsourcing destination.
• Ranks 20th among the top nations.• Perfect fit for companies looking for a
technological advance
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• Outsourcing-the practice of using outside firms to handle work normally performed within a company
External outsourcing
Internal outsourcing
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BENEFITSControl capital costsIncrease efficiencyReduce labor costStart new project quicklyFocus on your core businessReduce risk
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DRAWBACKSLost of Managerial controlHidden CostsThreat to security and confidentialityQuality problem
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Medical outsourcing Defined as off-shoring of health- related needs to different
country for the purpose of obtaining cost- effective service. Include off-shoring of medical service as well as medical
tourism
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Countries: India, Australia, Mexico, Singapore, Brazil
India particularly favor Clinical service: oncology, orthopedic
services, molecular imaging and disease management
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Medical outsourcing A planned foreign travel to primarily obtain high
quality, cost effective, non- emergency medical treatment that include vacation element
The reasons to choose medical tourism: Low cost Seek medical care oversea because of immediate
availability of procedure and sometimes the unavailability of certain procedures
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Medical oursorcing- Overseas surgery
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Pros and cons of medical outsourcing
ProsCost effectiveLeverage industry
experienceLeverage time zone
differential of off-shoring location
High quality and accurate medical record
Reduce infrastructure investment
ConsTardiness in support for medical tourism amongst third party payer
Crowd out poorer local patients
Raise domestic prices and accentuate inequalities in access to care
Suffer from lack of customer focus
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http://www.2ascribe.com/articles/outsourcing-medical-transcription/the-benefits-of-outsourcing-your-medical-transcription http://www.globalpost.com/dispatch/india/090724/medical-outsourcing-indiahttp://en.wikipedia.org/wiki/Outsourcinghttp://www.wisegeek.com/what-is-outsourcing.htmhttp://www.unitech.vn/http://en.wikipedia.org/wiki/Medical_tourismhttp://computerjobs.vn/huong-nghiep/viet-nam-diem-den-outsourcing-moi.htmhttp://www.businessweek.com/magazine/content/06_05/b3969401.htmhttp://www.healthbase.com/resources/medical-tourism/medical-tourism-information/medical-outsourcing.html