What is the full form of BPO ?

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Answer:

Bpo Definition: BPO Full Form: Business Process Outsourcing

Bpo Description:
BPO full form or meaning is Business Process Outsourcing.
Business process outsourcing refers to awarding a particular task or part of a business to a third-party service provider on contract.
BPO ie Business Process Outsourcing proves to be very helpful in running and leading any business properly.
Because by using this service, a businessman can give full attention to the basic work of his business and can give the other less important part of the business to a third party on a contract basis, which makes his work very easy.


Let us assume, for example, that there is a software company whose job is to build, maintain and sell software.
This company has a total of 500 employees, and now it needs a call centre to provide technical support to its customers where 50 people can solve the problem of customers on the phone. For this, the company has two options, either create its own space, and hire people to get them to work as call centres, or outsource their call centre work to a call centre expert company on a contract basis.
Here you can see that the expenses of building the office of that software company, the cost of hiring employees and training them, everything is saved, and some agency starts their call centre work with very little money.
Business process outsourcing can save both time and money for any company.
Many people consider BPO to be a call centre, whereas it is not Many services can come under BPO, many of which are also technical.
Today, many multinational companies from all over the world outsource their many services.
BPO companies in India get a large share of outsourcing.
There are many BPO companies in India and due to the very low value of the rupee against the dollar, foreign companies find it very cheap to outsource their business in India.
And it is also a good opportunity for BPO companies in India because many youngsters in India are looking for a job

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Posted on 23 Nov 2024, this text provides information on General in Industrial related to Industrial. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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