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I would have to describe the major parts of each contract for you to identify the difference.
The major parts of an outsourcing contract are:
- Scope of Work
- Deliverables
- Terms and Conditions
- Service Level Agreement
However, if the service involves the IT function of a company, an outsourcing contract would also include Transfer of Assets and Staff and also, Information Security and Confidentiality.
On the other hand, a management contract consists a lot more aspect, especially the technical, operations and productions facilities, staff management, training, finance and accounting and marketing.
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What is an Offshore Management Company?
An offshore management company offers a range of corporate, administrative, financial and management services to assist international clients in setting up and maintaining their businesses. It's also synonymous of offshore outsourcing where foreign companies outsource their companies' minor function to outsourcing companies outside their country.
What is the definition of subcontract management?
a contract by which one agrees to render services or to provide materials necessary for the performance of another contract.
What exactly do document management companies offer?
Document management companies offer several different services for consumers. Document management companies offer services such as: printing services, copying, and digital organizations.
What is the difference between contract manufacturing and management contracting?
1. the MNC need not have to commit resources for setting up production facilities 1.such contract sometimes brings in additional benefit or additional income for the managing company without any additional investment, risks and obligation.
Where can one find program management services?
Program management services are best found through outside consulting services from firms such as Deloitte. Most large consulting firms will have services for program management.
