Challenges and Risks in the BPO Industry

Definition of BPO Industry Business Process Outsourcing (BPO) is a concept where companies entrust their operations and non-core tasks to third parties who have more expertise in that field. BPO allows companies to focus on strategy and development of their core business, while third parties take care of processes that are more time and resource consuming and specialized in terms of technical knowledge and expertise. The history of the BPO

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Introduction to Kotter’s Eight Step Model of Change

Kotter's Eight Step Model of Change is a framework designed by John Kotter, a professor

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The Impact of Clientele Effect on Stock Investment

Understanding Clientele Effect Clientele effect is a concept in investment decision making which refers to

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Common causes of balance overdue (BOD)

Balance overdue (BOD) in a financial context is the amount of money that is still

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Negative impact of nationalization of foreign companies

Definition of nationalization and background Nationalization is an action carried out by the government in order to take over ownership and management of assets

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Bayesian Network principles in economics

Introduction to Bayesian Networks Bayesian Network is a probabilistic graphical model that describes random variables and conditional dependence relationships between

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Understanding EMBI (Emerging Market Bond Index)

EMBI (Emerging Markets Bond Index) is an index created to measure the performance of bond markets in developing countries. This

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Types of Corporate Actions

Understanding Corporate Action Corporate action is a series of steps or policies taken by companies in order to manage their operations and finances to achieve short-term and long-term goals. The definition of corporate action includes various activities that involve changes in capital structure, dividends, or shares, such as offering new shares, exercising rights to shares, or disposing of assets. The main function of corporate action is to help optimize company

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Understanding Marginal Propensity to Consume (MPC)

Marginal Propensity to Consume (MPC) is a concept put forward in macroeconomics, which describes how

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Common causes of balance overdue (BOD)

Balance overdue (BOD) in a financial context is the amount of money that is still

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Understanding Bank Investment Contract (BIC)

Bank Investment Contract or BIC is a financial product designed by banks to help investors

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How the Decoy Effect Works

In the business world, marketing is a very important aspect to increase sales and profits. One marketing strategy that is often used is the

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Reasons for the State to Implement a Debt Ceiling

Understanding the National Debt Ceiling The national debt ceiling is the maximum limit on the amount of debt allowed by

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Examples of Wealth Tax Implementation in various countries

What is meant by wealth tax? Wealth tax is a type of tax aimed at imposing a tax burden on

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