What is outsourcing of business? how does it works?

Asked By: chirag p - 8/11/2006
Best Answer - Chosen by Asker
The business process outsourcing industry in India has grown by leaps and bounds and as its size increases so does its competitive advantage. Compared with 1996 when this Industry had started inroads into the United States with Outbound Tele-marketing campaigns, today the vehicle for these calls-the internet has become... More
Answered By: pklamba231 - 8/12/2006
Additional Answers (5)
Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. Outsourcing is a business decision that is often made to lower costs or focus on competencies... More
Answered By: bb_kitkat - 8/11/2006
Type bpo at yahoo search your question is answered there.
Answered By: Richard J - 8/11/2006
Outsourcing is where large companies hire smaller companies to perform work for them at a much lower cost. Usually involves companies in the US transferring work to foreign companies where the pay scale is much lower. Saves corporations a lot of money but quality of customer care is lowered severely.
Answered By: ThePartyGirlPrincess - 8/11/2006
it is giving your work to a company that can produce the same thing as you for a cheaper price, usually outrside of the country. have the mmake it for you,you sell it na dkeep the bigger profits
Answered By: pooteo1 - 8/11/2006
They find countries with the lowest wages that are able to still produce merchandisable goods. The quality may not be as good, but the amount they pay their workers could be as low as pennies on the dollar in comp[arison to what they pay workers here in the U.S. to produce the same goods. The products produce in other... More
Answered By: pathfinder - 8/11/2006
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