Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / abhishek shrivastava
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 ? | 9 Yes | 3 No |
Post New Answer View All Answers
Why do you see bpo as your career? : bpo
Are you willing to work for long hours, if the project demands that from you?
problems and consequences of bpo ?
6. When a customer has a problem, shows a sincere interest in solving it
What do you mean by interview?
1. Rainy day ? 2. Tell me about mobile? 3. Traffic in Hyderabad? Please specify the number for which question the answer is
Why do you think customer service is most important? ( elaborate your thoughts logically with critical analysis for the assessment)
What is your toughest or most challenging experience in life and how did you handle it?
What makes you stay here for longer years?
Explain about bpo & how it works? : bpo
Explain briefly Globalisation
How long do you want go work here?
hello plz tell me how prepare call center int.
why you feel you would be suitable for Inbound customer service consultant role in a bank ?
Give me a specific example of a time when you had to conform to a policy with which you did not agree.
