Business process outsourcing
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Business process outsourcing (BPO) is the growing practice of one organization outsourcing some number of its processes to a third party to execute the selected processes.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Business process outsourcing (BPO). The growing practice of one organization outsourcing some number of its processes to a third party to execute the selected processes.
