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Direction: Read the following text and answer the questions that follow:
Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.
Q. Outsourcing of advertising services will come under the scope of ______.
- a)BPO
- b)KPO
- c)Both BPO and KPO
- d)Horizontal service provider
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
Direction: Read the following text and answer the questions that foll...
Outsourcing of advertising services will come under the scope of BPO. Business process outsourcing (BPO) is a business practice in which an organization contracts with an external service provider to perform an essential business task. Processes that are performed the same or similarly from company to company, such as payroll or accounting, are candidates for BPO.
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Most Upvoted Answer
Direction: Read the following text and answer the questions that foll...
BPO is the correct answer
Explanation:
Outsourcing refers to the practice of hiring external parties or agencies to perform certain tasks or services on behalf of a company. It is a common practice in business to outsource non-core functions or activities to specialized service providers, allowing the company to focus on its core competencies.
In the given scenario, Utsav Sharma, the entrepreneur, is planning to manufacture laptop bags with specific features such as an inbuilt lock facility and solar charger. While the manufacturing operations will be carried out in his own factory, he decides to outsource the advertisement campaign to Vigyapan Agency.
Outsourcing the advertising services to Vigyapan Agency falls under the scope of Business Process Outsourcing (BPO). BPO involves outsourcing non-core business functions or processes to external service providers. In this case, the advertising campaign is not a core function of Utsav Sharma's business of manufacturing laptop bags. By outsourcing the advertising services, Utsav Sharma can focus on the key functions of his business, which is the manufacturing of the bags.
Key Points:
- Outsourcing refers to hiring external parties to perform certain tasks or services on behalf of a company.
- BPO involves outsourcing non-core business functions or processes to external service providers.
- The advertising campaign for the laptop bags is not a core function of Utsav Sharma's business.
- By outsourcing the advertising services, Utsav Sharma can focus on the key functions of his business, which is the manufacturing of the bags.
Explanation:
Outsourcing refers to the practice of hiring external parties or agencies to perform certain tasks or services on behalf of a company. It is a common practice in business to outsource non-core functions or activities to specialized service providers, allowing the company to focus on its core competencies.
In the given scenario, Utsav Sharma, the entrepreneur, is planning to manufacture laptop bags with specific features such as an inbuilt lock facility and solar charger. While the manufacturing operations will be carried out in his own factory, he decides to outsource the advertisement campaign to Vigyapan Agency.
Outsourcing the advertising services to Vigyapan Agency falls under the scope of Business Process Outsourcing (BPO). BPO involves outsourcing non-core business functions or processes to external service providers. In this case, the advertising campaign is not a core function of Utsav Sharma's business of manufacturing laptop bags. By outsourcing the advertising services, Utsav Sharma can focus on the key functions of his business, which is the manufacturing of the bags.
Key Points:
- Outsourcing refers to hiring external parties to perform certain tasks or services on behalf of a company.
- BPO involves outsourcing non-core business functions or processes to external service providers.
- The advertising campaign for the laptop bags is not a core function of Utsav Sharma's business.
- By outsourcing the advertising services, Utsav Sharma can focus on the key functions of his business, which is the manufacturing of the bags.
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Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer?
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Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer?.
Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow:Utsav Sharma, an entrepreneur is planning to enter into a new business of manufacturing laptop bags with an inbuilt lock facility and solar charger. Being highly complex and tedious, its manufacturing operations need to be well planned. He decides that the complete bag will be manufactured at his own factory but its advertisement campaign can be given to Vigyapan Agency so that he can focus on key functions.Q. Outsourcing of advertising services will come under the scope of ______.a)BPOb)KPOc)Both BPO and KPOd)Horizontal service providerCorrect answer is option 'A'. Can you explain this answer?.
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