BBO Full Form In English:- Business Process Outsourcing.
Full Form of Bpo in Hindi :- बिजनेस प्रोसेस आउटसोर्सिंग
It Is a Contract for a Company to Be an Outside Provider of Services or for Business Processes. It Is a Cost-Saving Measure That Companies May Include in Manufacturing or Back Office Functions Such as Accounting, Data Entry, and Human Resources. It Also Includes Front-End Services. These Include Customer Care and Technical Support. Thus, the Division of Bpo Services into Back Office Outsourcing and Front Office Outsourcing. Can Be Done.
There Are Three Types of Bpo Options Which Are Given Below:-
1.) Neutral Out Sourcing:- Also Known as Domestic Out Sourcing. It Refers to Getting Bpo Services from Someone Within the Same Country.
2.) Nearest Out Sourcing:- It Refers to Receiving Bpo Services from Anyone in Neighboring Countries.
3.) Offshore Out Sourcing:- This Refers to Receiving Bpo Services from an External Organization in a Country Other Than the Neighboring Countries.
the Main and Most Important Reason for Out Sourcing Is Significant and Huge Cost Reduction. It Reduces the Cost of the Work That the Company Needs. List of Bpo Benefits-
1.) Focus on Core Business:- Reduced Overheads Out of Focused Expertise and Decreased Costs, Increased Company Flexibility in Revenue Etc.
Bpo Is an Organization Responsible for the Execution of Another Business Organization’s Process. It Is Used to Save Costs or Achieve Productivity.
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