Introduction to IT-BPM Industry

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MagnificentLivermorium
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18 Questions

What was the primary industry that initiated the concept of outsourcing?

Automobile industry

What was the outcome of corporate outsourcing in the late 1980s?

Emergence of the BPO or IT-Enabled Services (ITeS) industry

What has been a significant benefit of the growth of the IT-BPM industry in India?

Creation of employment opportunities

What has been the impact of the IT-BPM industry on India's economy?

A significant contribution to GDP and exports

What is an example of a non-core business process that was outsourced by companies in the late 1980s?

Accounts

What has been the global image of India as a result of the growth of the IT-BPM industry?

A technologically advanced and knowledge-based economy

What is the primary advantage of keeping IT Operations in-house according to the model?

Taking advantage of global expansion opportunities in a cost-effective manner

How many sub-sectors are there in the IT-BPM industry?

Four

What is the revenue generation of the Indian Business Process Management (BPM) sub-sector in FY2013?

USD 19 Billion

What is the estimated direct employment provided by the Indian Business Process Management (BPM) sub-sector in FY2013?

Nearly 1 million people

Which of the following is NOT a sub-sector of the IT-BPM industry?

Marketing and Sales

What is the term for developing software products in another country?

Offshore Development

What is the approximate revenue contribution of Knowledge Services Outsourcing to BPM exports in FY2013?

USD 3.2 Billion

What percentage of the IT industry is traditionally located in Tier I cities in India?

70%

Which of the following is NOT a fastest growing KPO segment?

Manual Cleaning

What is the primary reason for India's emergence as a preferred destination for outsourcing knowledge-intensive services?

Abundance of talent pool

What is the current trend in the location of IT industry centers in India?

Shift from Tier I to Tier II cities

What is the significance of India in the global IT industry?

It is the most lucrative location for the industry

This quiz covers the basics of the IT-BPM industry, including its evolution, structure, and key trends. It also explores the concept of outsourcing, its history, and what enabled organizations to adopt it. Test your knowledge of the industry and its developments!

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