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Business Studies

Outsourcing and Its Types

XYZ Ltd. is s...

Question

XYZ Ltd. is specialised in a consultancy service. The company makes a software for a reputed bank in the US. It is also specialised in making accounts for the bank. To carry on this work, XYZ Ltd hired professionals like engineers, CA etc, who are very competent in providing such services. What kind of business is carried out in XYZ Ltd?

A

Business Process Outsourcing

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B

Knowledge Process Outsourcing

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C

Outsourcing

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D

None of the above

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Solution

The correct option is B
Knowledge Process Outsourcing

The kind of business that is carried out in XYZ Ltd is knowledge process outsourcing.

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