3
Question
BPO stands for ________________.
BPO stands for ________________.
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Solution
The correct option is B Business Process Outsourcing
BPO stands for Business process outsourcing which refers to a form
of business where a company sets contract with an outside company for the
completion of a task through electronic process in exchange of a certain amount
of payment for the company.
This form of business
face many challenges in day to day life like the contractual length of the
task, the competition and lack of confidentiality of the information shared
between the business.
The advantages of these
business are that they promotes effective use of supply chain partners,
Increases flexibility in resource management and increases the speed of
business process.
BPO stands for Business process outsourcing which refers to a form of business where a company sets contract with an outside company for the completion of a task through electronic process in exchange of a certain amount of payment for the company.
This form of business face many challenges in day to day life like the contractual length of the task, the competition and lack of confidentiality of the information shared between the business.
The advantages of these business are that they promotes effective use of supply chain partners, Increases flexibility in resource management and increases the speed of business process.
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