what does bpo means?
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Answer / naresh
bpo is nothing but a process through which a company
handover part of its job to another company, in the
process the new company is totally incharge of designing
and implementing process like management, marketing, bill
transaction etc.
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / kamal
Business Process Outsourcing (BPO) means delegating the
ownership, administration, and operation of a process to a
third party. BPO is about solving a business problem
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / hikaru ito
Business process outsourcing (BPO) is the act of giving a
third-party the responsibility of running what would
otherwise be an internal system or service. For instance,
an insurance company might outsource their claims
processing program or a bank might outsource their loan
processing system. Other common examples of BPO are call
centres and payroll outsourcing.
Typically, companies that are looking at business process
outsourcing are hoping to achieve cost savings by handing
the work to a third-party that can take advantage of
economies of scale by doing the same work for many
companies. Or perhaps the cost savings can be achieved
because labor costs are lower due to different costs of
living in different countries.
In exchange for the potential cost savings, the company in
question must relinquish control over an aspect of their
business which explains why business process outsourcing is
often reserved for non-critical, non-core type of work.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / santosh kumar tripathy
bpo stnds for business process outsourcing. it is the
process of hiring another company to handle business
activities for you.
it is common for organisations to outsource
financial and adiminstration process,human resources
functions,call center and customer service activities and
accounting and payroll.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / naga sudha
Business Process Outsourcing is BPO. This basically means
that back operations of bigger companies and corporations
are being outsourced to other countries.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / jatin sidhu
bpo stand for business process outsourcing,in order to
understand bpo exact meaning we just need to know outsource
mean.An outsource means that you are giving your business
to third party and third party is responsible for your
business.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / m.ravi kanth
plz boss dont keep these kind of questions in this site try
2 keep the question where we havent listened until now so
that we can improve our knowledge
I have seen thes question so many times thats why i am
requesting u
| Is This Answer Correct ? | 2 Yes | 10 No |
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