Answer Posted / vinayak

BPO stands for BUSINESS PROCESS OUTSOURCING.The concept of outsourcing came into existence in the world of manufacturing .The need for outsourcing came about because manufacturing industry felt the need to produce high quality goods at low cost.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what do u mean by arrear basic or arrear hra?

3291


How Are The Balance Sheet And Income Statement Connected?

721


fiscal year variant Vs posting period variant

1504


Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

1357


hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

1908






What is the New GL concept? how do you configure new GL a/c?

1577


what is the difference between financial accouning and financial management?

1737


What is meant by retiring Bill

1521


What is the content of purchase order? n content of voucher? what is the main use of voucher.

1530


what is composition vat

1928


What are different types of reports made in tally

1807


Provision of Bad Debts is made in compliance with the convention of -----------

1452


What is account

1759


What part can management policy play in the analysis of cost behaviour?

1650


What is Compliance?

1656