What is the full form of KPO?
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What is the full form of KPO?
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The full form of KPO is Knowledge Process Outsourcing.
It is a type of outsourcing where information and data related work of an organization is done by an alternate company inside a similar association or diverse association to spare cost and assets.
KPO need to advance technical skill and analytical expertise.
Importance of KPO
KPO is known for operational proficiency and raise the value of its product and services. it reduces the difficulty of company and human resources.
KPO service provides the best business strategy to the customer by analyzing the available market data and information, so the customer can easily launch their product to get the market immediately.
Type of KPO
KPO service gives all kinds of research and data gathering, licensed innovation, equity research, business, and statistical surveying, preparing and consultancy, legitimate and medical services.
Benefit of KPO Service
Availability of skilled employees.
Less cost.
High operational efficiency.
Provide services at a lower cost.
Flexible in terms of time management & Human resources management.
Decrease the unemployment rate and benefit their economy.
Risk
Quality of personal and work cannot be assured.
KPO service is time-consuming, it cannot provide immediate service to customers who are looking for quick results.
It is less secure.
Retention of skilled employees
Lack of communication between the partners because of legal, cultural, and language barrier, which create complications.
