This Static Spot is open for sponsor

Click Here to Sponsor MCT Eric Post in Full Page

Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Catalan Catalan Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Chinese (Traditional) Chinese (Traditional) Corsican Corsican Croatian Croatian Czech Czech Danish Danish Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Irish Irish Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sundanese Sundanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Telugu Telugu Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Welsh Welsh Xhosa Xhosa Yiddish Yiddish Yoruba Yoruba Zulu Zulu

 

 

Article Navigation

Back To Main Page


 

Click Here for more articles

Google
Outsourcing Is Picking Pace
by: Mansi gupta
BPO or Business Process Outsourcing is a very common and mushrooming phenomenon these days. BPO can be defined as the accomplishment of a business task from some outside agency. For instance a company can ask or hire an external agency to maintain its old records and accounts. The phenomenon of outsourcing was not so well established before a decade. Initially some of the relatively small and low grade jobs like old storage record of the company were outsourced in United States. Gradually with the budding success and confidence, valuable and crucial jobs like payroll accounting, human resource tasks – recruitment, training and development of employees joined the fray.

Outsourced jobs most often involve the ones, which need to be performed on a regular or daily basis. The companies now no more perform such tasks which they used to perform themselves. Like hiring of a consultant company for training of new employees, getting advertisements made from an advertising firm across the seas.

Outsourcing has many benefits. It allows a company to identify and focus on its core competencies. The company can outsource every other task that can be taken up by outside agencies and that requires significant time and energy (like training of new employees, making recruitments, marketing and manufacturing of products etc.). This lends the opportunity to the company to fully concentrate on its core competency.
Along with this the low cost factor is equally important. The companies in US and Europe by outsourcing their jobs in countries like India, Japan and China accrue huge profits in terms of cost saving. Such savings in cost are in the form of cheap and skilled labor, manufacturing or production of the goods etc. This in turn is a result of variation in salary structure across the globe.

Outsourcing proves quite worthwhile and beneficial during the period of slump in a country’s economy. When profits are under threat and it becomes imperative to reduce the costs, outsourcing is perhaps the best way to mutilate the costs without compromising on the good quality of work. Besides this BPO also liberates big companies of labor oriented problems or issues, thereby enabling them to be more focused and streamlined to enhance their work.

There are various sectors in which outsourcing is holding grips. These are Financial sector, IT, Telecommunications, Advertising, Courier Services and Customer Support Services. A case in point can be Spectra mind that undertakes many of the crucial tasks (insurance, telecom etc.) for clients in US and Europe.

But the outsourcing process is not acceptable to everyone due to its complementary disadvantages. People often believe that outsourcing leads to drainage of jobs. It is believed to create an acute unemployment for the qualified professionals of that very nation. Moreover there the threat of delayed work failing to meet the deadlines and targets and most importantly that of leakage of confidential information is always lurking in overseas outsourcing. The companies also do not get to confront or communicate directly with their key clients which makes them all the more dependent on their offshore agencies.

Like every other phenomenon, outsourcing in business too has tail of ethics attached to it. However, the truth is that it is one of the best ways for a company to expand, enhance its growth and minimize the costs. But a company should not be just enchanted by the merits of outsourcing but should also be considerate of its pitfalls.


About the author:
Mansi gupta writes about Outsourcing topics. Learn more at http://www.outsourcingconcerns.com.


Circulated by Article Emporium

 



©2005 - All Rights Reserved

This Static Spot is open for sponsor

 

Read Articles:

More eBooks Posts Pages

More YouTube Posts Pages

More Article Pages Tranlate From English:
1-English
 - 
The Following are Bi Languor
2- Chinese (Simplified) 简体中文


 Surprise! Accounting is the Hot New Major

 HOW TO STAY FOCUSSED AND BUILD YOUR BUSINESS

 Do You Need Accounting Software For Your Small ...

 How to Choose the Right Accounting Software for...

 After the latest and accurate help in relation ...

 Asset and liability basics

 7 Things to Consider Before Buying Small Busine...

 Accounting Methods – Cash and Accrual

 Non-Profit Organizations - What Are They?

 Press ReleaseUCLA Alumni Association Retains th...

 How to Stop Waste, Fraud and Abuse

 Internal Control: A Preventive Maintenance Pr...

 What Software Do You Need For Your Small Business

 Explode Your Consulting Income

 Understanding Depreciation: It May Be More Sim...

 3 Essential Tools for Starting and Maintaining ...

 Outside The Box

 HOW TO STAY FOCUSSED AND BUILD YOUR BUSINESS

 mmaterial Values in Business Management

 Top 7 Strategies for Writing Accounting Procedures

 Taxing Overseas Firms for SOX Compliance

 9 things you must do to maximize your chances o...

 Starting An Online Business From Home

 Why Online Presence Is Essential For Small Busi...

 Bottleneck-oriented Business Management

 An introduction to point of sale software

 10 Amazing Ways To Jump Start Your Sales

 Company/Employee Handbook as Organisational Imp...

 Resume Writing and Preparation is Free Online

  Here is the latest and accurate assistanc...

 Is Your Business Profitable?

 Small Business 101: Deadly Ignorance

 How to Start an Investment Club - Business Model

 Resume Outline - Add Structure & Flow to Your R...

 Issuing Warrants to Investors

 Can You Play the Drums?

 Policies and Procedures Used as Management Key

 How Nov. 15, 2004 Deadline for Sarbanes Oxley 4...

 The Fun Of Starting A New Business

 Managing Your Home Based Online Business – 2

 Do you think that your workload is hampering yo...


  How To Write A Quick & Relatively Painless Busi…

 Outsourcing Is Picking Pace

 Is It Worth Becoming a Partner?

 What it Takes to Succeed in Business!

 What’s the difference between successful busine…

 Five Reasons to Incorporate a Company Offshore

 Is It Necessary To Have a Business Plan?

 Recruiters: The Challenges of Executive Head Hu…

 Five Leadership Secrets for Challenging Times

 Childcare Management & Daycare Software

 MORAL ARMOR’S Economic Warning for Americans

 Is Incorporating Your Small Business Best For You?

 FOUR SIMPLE STEPS TO BETTER RESULTS WITH YOUR R…

 Pay Your Children to Work for You with the Bles…

 You May Have A Successful Small Business Idea

 Thinks You Should Know Before You Bid On A Busi…

 Business laws basics

 9 Strategies for Writing Accounts Payable Proce…

 Choosing A Business Tax Service

 Recruiting Excellent Job Candidates:

 Networking

 How to Quit Your Job

 The Top 10 Reasons Your Staff Wants to Quit

More Article Pages Tranlate From English:
1-English
 - 
The Following are Bi Languor
2- Chinese (Simplified) 简体中文

More eBooks Posts Pages

More YouTube Posts Pages

Sponsor Professnal Advise
 by: Sponsor Company Name

This Static Spot is open for sponsor

Click Here to View Following Sponsor Post in Full Page

Sponsor MCT Blogger...
or Click Here to View Sponsor Post in Full Page...

JV Blogs Visit free hit counter