The words Offshore means relocation of business process from one country to another while Outsourcing means movement of internal business process to an external company. Offshore outsourcing means moving business processes to an external company from one country to another company, there by reducing their own domestic employment and domestic investment. The country such as … Read more
Business process outsourcing BPO is expanding at a rapid pace and emerging as the top growing industry in Philippines. Philippines is recognized as the second largest BPO destination in Asia- Pacific. It is one of the largest Bpo service provider and is recognized by the world’s recognized brands such as Procter & Gamble, AIG, Shell, … Read more
Today two economic trends are accelerating Business Process Outsourcing or BPO’s rate of growth. The first is globalization. For the first time since the days of sailing ships, trade barriers are coming down. The growing integration of economies and societies around the world makes globalization work for all. Through globalization the poverty line has been … Read more
The Business Process Outsourcing industry is considered as one of the fastest business sectors in the world. The strong demand for outsourcing services is predicted to reach as high as $180 billion in 2010, with finance and accounting, customer support, human resource management, and back- end support services getting the most shares. A trend in … Read more
Offshore Outsourcing– the process of hiring an external organization to handle certain business functions in a foreign country– is a common practice to many companies across the world, mainly to save money. But what began as a cost- cutting measure has now evolved into an industry where small- scale entrepreneurs and major companies alike turn … Read more
Globalization, the heightened need for security, and mergers and acquisitions have made the business world a more complex place, and [businesses] use consultants to help move through that landscape,” says Eric Figueroa, an economist with the BLS. Gone were the seafaring days to trade lambs and textiles. As the global market need requires and presents … Read more
Business process outsourcing allows other departments of a certain business to be performed by a third party. Due to high demand in manpower and that companies nowadays have staffs working until seven to late at night just to comply and meet the demands outsourcing has become a must for most. Organizations nowadays are forced to … Read more
As developing countries such as India and Philippines developed an image for being among the top choices in business process outsourcing there has been a great surge of interest from all sorts of foreign investors. The growth has become continuous and is rapidly expanding in various fields. Mass ramping-up can be seen on a quarterly … Read more
The world economy is going downslope and everyone is at a cringe how to reverse this crisis. Doors are being opened to find ways to save some money and yet still deliver a quality service. All types of business whether large or small scale are doing major overhaul to find an affordable solution. Some areas … Read more