FACTOID # 91: In the Maldives, there are more than 2 jails for every 1000 people.
 
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Encyclopedia > Business Processing Outsourcing

Busines Process Outsourcing is the leveraging of technology vendors to provide and manage a company's critical and non-critical enterprise applications.


  Results from FactBites:
 
Outsourcing - Wikipedia, the free encyclopedia (2343 words)
Outsourcing is a business decision that is often made to focus on core competences.
The term "outsourcing" became more well known largely because of a growth in the number of high-tech companies in the early 1990s that were often not large enough to be able to easily maintain large customer service departments of their own.
Thus, outsourcing is criticized as it represents a new threat to labor, contributing to rampant worker insecurity, and reflective of the general process of globalization where the United States government fails to mediate business-labor relations in a way conducive to prevailing values that places the American middle class worker as a central priority.
business process outsourcing - a Whatis.com definition (195 words)
Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain their position in the marketplace.
BPO is often divided into two categories: back office outsourcing which includes internal business functions such as billing or purchasing, and front office outsourcing which includes customer-related services such as marketing or tech support.
BPO that is contracted to a company's neighboring country is sometimes called nearshore outsourcing, and BPO that is contracted with the company's own county is sometimes called onshore outsourcing.
  More results at FactBites »


 

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