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
How do you get here? (About Route)
is maths required for getting job in call centres
What is more important to you money or success?
what are some aspects of your present or most recent position that you dislike?
For implementing a crm solution to your business what things need to take care of?
How would you sell ice cream to Eskimos?
I have,on an average spent 2.5 years in every company that I have worked for. Only this time I am planing to move out in 6 months. I am being asked the same question in every interview, as to why I am leaving so soon. I cant tell them that I do not like the current company that I am working for. What is the best answer that I can possibly give? I am being judged for stability wihch is not true in my case
What are your Strengths & What are your Weaknesses ?
Why do you want to become a Quality Analysist and what will be your profile in this position?
Discuss the most stressful situation you came across in your previous job.
What's the difference between efficiency and productivity?
what are the advantages of crm ?
what's ur financial needs? how to face a furious customer? do you know how to motivate other?
Do you have exposure to Quartile management ? E.g. How will you manage an advisor who is on the bottom quartile for 3 months consecutively ?
ur fav songs & y so?
