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expand BPO Related: Business and Profession - Nature and Purpose of B...
Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider. Originally, this was associated with manufacturing firms, such as Coca-Cola that outsourced large segments of its supply chain.
BPO is typically categorized into back office outsourcing, which includes internal business functions such as human resources or finance and accounting, and front office outsourcing, which includes customer-related services such as contact centre services.
BPO that is contracted outside a company's country is called offshore outsourcing. BPO that is contracted to a company's neighbouring (or nearby) country is called nearshore outsourcing.
Often the business processes are information technology-based, and are referred to as ITES-BPO, where ITES stands for Information Technology Enabled Service. Knowledge process outsourcing and legal process outsourcing are some of the sub-segments of business process outsourcing industry.
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expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11
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expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11 for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11 covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11.
expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11 for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11 covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for expand BPO Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11.
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