Introduction:
? Liberalization, globalization, privatization are the important issues to the corporate threatening the existence of business.? In such a complex corporate environment, a business entity needs to perform various functions and obligations to carry out business activities very effectively.? Of these functions, it performs certain other functions, which are not its core areas.? For
?However, traditionally it performs HR functions, accounting and finance, marketing functions, requires less thrust.? In today's competitive world one needs to have more efficient and effective way of functioning.? So the company (or) an industrial unit may concentrate on the area of core competency. (Friendship with enemy)? (i.e.) manufacturing and attaining greater success in producing product / service.? The other functions may be outsourced to some specialists who are not camisetas futbol brasileño part of the organization.? This will enable the organization to reduce its cost on those processes.? Besides that, the potential of Business Process Outsourcing can be the following:
- It helps to key in on the corporate core business activity. It enables to obtain outside expertise. It helps to meet constantly changing customer needs. It helps the companies to increase their sales and market share.
In the backdrop of the above, this article makes an effort to outline Business Process Outsourcing and off shoring particularly in IT enabled services in India.
IT ENABLED SERVICES - (GLOBAL OUTLOOK):
????? The ITES industry of which Business Process Outsourcing forms a very significant part is expected to be as $17 billion industry in India and generate over 1.1 million jobs by 2008.? The growth rate of industry is as high as 73% resulting camisetas futbol brasileño in 7100 crores revenue.? Total revenues, employment generation of the industry substantially proliferated from 2400 crores and 45000 in 2000 to 4100 crores and 70,000 in 2001.
????? The various segments of Business Process Outsourcing are:
- (It is estimated that, a call center associate available for Rs.45 per HR in India, Rs 550 in USA). Bank office operations ? Accounting / HRD. ?Medical Transcription services. ?Contact Development / Animation etc. Data Research, Market Survey, Management Consultancy etc.
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