Skip to main content

What is the Full Form of BPO?

What is the Full Form of BPO?

    BPO - Business Process Outsourcing


    Business Process Outsourcing refers to contracting of the operations and responsibilities of business functions to a third-party service provider. Any types of industry can include BPO like : call centers, payroll outsourcing, human resources or accounting. The major reason for which Outsourcing is implemented, is a cost-saving measure for tasks that a company require.

    Following are some of the advantages of BPO :-


    • Outside expertise
    • Concentration on core business
    • Increase in Revenue
    • Increase in company’s flexibility
    • Cost reductions

    India is a popular location for activities of Business Process Outsourcing. The business deals involve multi-year contracts that can run into hundreds of millions of dollars.
    Labels:

    Comments

    Post a Comment

    Popular posts from this blog

    What is the Full Form of CIR?

    What is the Full Form of CIR? CIR - Committed Information Rate In computing terms, Committed Information Rate is the minimum guaranteed bandwidth provided by an ISP to work under normal conditions in a frame relay network. This bandwidth is usually measured in kbps (kilobits per second). In other words, we can say, the frame not exceeding this level is guaranteed to be delivered. CIR - Credit Information Report A Credit Information Report contains the credit history of an individual i.e the type and number of loans he has availed like home loan, personal loan, auto loan, credit card etc. The CIR report doesn't reveal the savings and investment details of a person.
    Post a Comment
    Read more

    What is the Full Form of Teacher?

    What is the Full Form of Teacher? A teacher actually does not have any full form. But people have given their own full forms according to their profession, like one written below : T - Talented E - Educated A - Adorable C - Charming H - Helpful E - Encouraging R - Responsible A teacher is a person who educate their students in school, college or university. To become a teacher, a specified degree is required like to teach in any school in India, a person must be a Bachelor of Education or to teach an Engineering graduate a person must hold a Masters of Engineering in a particular subject or branch. In India, teacher's day is celebrated on the birthday of Dr. Sarvepalli Radhakrishnan's on September 5 since 1962.
    Post a Comment
    Read more