Start up the Business of your Dreams.
Philippines is known as a BPO outsourcing destination but it is more than just that. In the era of digital disruption on the rise, the Philippines is a haven for promising startups from its neighboring countries like Japan, South Korea, India and China. The startup movements are becoming a popular scene thriving to serve as an experimental hub for those with limited resources and funding especially to those who are still on the testing phase or experimental stage. Particularly, Manila ranks 2nd and Cebu ranks 8th in the Tholon’s list of 2015 Outsourcing Destinations. An alternative Silicon Valley , an affordable version for history and vision makers. Here are some of the reasons why:
Friendly and accommodating behavior of the locals
Low-cost business scaling
Competitive workforce ready to back up industry demands
Part of a business’ growth is the deployment of separate departments which functions with specific focus and definitive path. They are structured according to certain business requirements and these departments will vary depending on the type of business being practiced. Knowing the different functional areas of a business is a basic but major necessity especially in the planning stage.
According to businessdictionary.com “Functional Areas” is defined as grouping of activities or processes on the basis of their need in accomplishing one or more tasks. It’s also an alternative term for business unit.
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