BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Onshore Outsourcing
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Nearshore Outsourcing
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Offshore Outsourcing
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Detailed explanation-1: -Definition. Onshore outsourcing is when an organization moves one or more of its services or processes to another company whose premises are based in the same country.
Detailed explanation-2: -Two types of BPO are front-office and back-office. Back-office BPO entails the internal aspects of a business, such as payroll, inventory purchasing, and billing. Front-office BPO focuses on activities external to the company, such as marketing and customer service.
Detailed explanation-3: -Onshore outsourcing, also known as domestic outsourcing, is the obtaining of services from someone outside a company but within the same country. Onshore outsourcing is the opposite of offshore outsourcing, which is the obtaining of services from people or companies outside the country.
Detailed explanation-4: -Business process outsourcing (BPO) is the delegation of one or more IT-intensive business processes to an external provider that, in turn, owns, administrates and manages the selected processes based on defined and measurable performance metrics.