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BPO stands for Business Process Outsourcing. It involves contracting specific business processes to a third-party service provider.
BPO is a business strategy that allows companies to focus on their core competencies while outsourcing non-core activities.
Common BPO services include customer support, technical support, data entry, and back-office operations.
BPO can be onshore (within the same country), nearshore (in a ne...
Credit score is a numerical representation of a person's creditworthiness based on their credit history.
Credit score ranges from 300 to 850
Higher score indicates better creditworthiness
Factors affecting credit score include payment history, credit utilization, length of credit history, types of credit used, and new credit inquiries
Lenders use credit score to determine the likelihood of a borrower repaying their debts
Cr...
A collection is a group of related items or objects.
Collections can be of different types such as arrays, lists, sets, maps, etc.
They are used to store and organize data in a structured manner.
Collections provide various methods to add, remove, and manipulate data.
Examples of collections include an array of integers, a list of names, a set of unique values, and a map of key-value pairs.
The main implement in BPO and collection team is effective communication and negotiation skills.
Effective communication skills to interact with customers and clients
Negotiation skills to resolve payment issues and disputes
Knowledge of debt collection laws and regulations
Ability to handle difficult customers and situations
Use of technology and software for data management and analysis
The best pathway for people in BPO for their further life depends on their individual goals and aspirations.
Continuing education and acquiring relevant certifications can open up opportunities for career growth.
Developing strong communication and interpersonal skills can lead to leadership roles or client-facing positions.
Exploring different departments within the BPO industry can help individuals discover their areas ...
CSR in BPO has the responsibility to ensure that the company operates ethically and sustainably while also addressing social and environmental issues.
Develop and implement CSR strategies and initiatives
Engage with stakeholders to understand their needs and concerns
Monitor and report on the company's social and environmental impact
Ensure compliance with relevant laws and regulations
Encourage employee volunteerism and co...
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Customer Response Executive
182
salaries
| ₹1 L/yr - ₹3.2 L/yr |
Customer Relationship Executive
136
salaries
| ₹1.3 L/yr - ₹4.1 L/yr |
Customer Care Executive
131
salaries
| ₹0.9 L/yr - ₹3.2 L/yr |
Customer Support Executive
124
salaries
| ₹1.2 L/yr - ₹4.2 L/yr |
Customer Service Executive
117
salaries
| ₹1.1 L/yr - ₹4 L/yr |
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