comment on the social cost of BPO and KPO industry in India
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Answer:
In India, Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry. Factors such as economy of scale, business risk mitigation, cost advantage, utilization improvement and superior competency have all lead to the growth of the Indian BPO industry.
Comment on the social cost of BPO and KPO industry in India
In India contracts are made to expand the company business through outsourcing in India. On the basis of this contract, BPO and KPO provide their services to the company. The company increases its business by taking advantage of this service. BPO KPO This is a third party which provides support to the manufacturing companies.
The full form of BPO is Business Process Outsourcing, it is a specific contract with a third party based on which the company uses the service provided by BPO as a cost-saving measure. Those tasks are provided to BPO, which are needed by the company, but the company does not depend on BPO service to branch out in its market.
KPO is a service related to knowledge and information based services, it is necessary for a person to have higher education in KPO. it includes many skills related professionals.
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