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Mumbai, India: Reports say that the IT sector has, not only in India but all around the globe, is seeing a downturn primarily because of the global economic crises. However, at the same time, the BPO industry has remained in the limelight and is seeing an increase in its profitability to an amazing extent.

In recent years, the companies and firms giving business development consultancies have grown at large. Researches and studies have shown that with the increasing number of such companies, the newly established businesses are apparently open to more choices but caution needs to be taken. Many of such companies are not as large as they promote themselves and range from smaller to self-employed, one-man consultancy firms that can neither premise time nor funds and are giving consultancies based on prior knowledge rather than professional knowledge and these are the firms that one needs to be careful of. For a consultancy firm to be successful, reliable and productive enough for modern-day business scenario, it is important to have proficiency in the following areas:

With the trends of the global corporate scenario changing, risk management has become one of the most essential entities in business. Back in times, risk management was considered merely to be a tool that was used to be able to comply with the standards of doing a business but today, it has largely become a need and has thus been pushed into the mainstream from the backseat. With the effects of the financial crises of 2007 affecting the business activity the world over, the profitability of the businesses is in a great depression and the regulation of the business has become largely demanding. This is where taking the risk becomes important.

Nonmonetary incentives are being largely used to increase employee motivation towards the job since the great economic turndown that was seen globally in 2007. While the effects of the economic crises are still there in 2012, employers are finding ways to increase employee motivation and hence, better the performance whilst lowering investments costs and for this, nonmonetary incentives are being largely promoted because they have proven to be pretty successful for that matter. Much has been done to make things better and a lot is still being done around the world to get that much needed uplift from the economic turndown. Not only businesses but the whole economies are trying to escape the effects of the unwanted situation bust still, five years on, tries and strategies are underway and nothing has shown very appreciable results. Promotion of nonmonetary incentives however, has done little to make things better, but even this strategy needs much planning and management.

Today, a virtual assistant is the need of every business and enterprise. Therefore, virtual assistants are being largely demanded for and are becoming increasingly common place. Such assistants cost less and can multitask, which means that they are quite economical and can even be hired by smaller businesses that do not have very large budgets. A virtual assistant can perform many tasks such as screening emails, booking the travel tickets and seats, making calls on one's behalf, manage the calendar and timetable and alongside these, handle many other tasks too. This saves a lot of time and provides a great deal of help. These assistants can be set to work for 24/7 or lesser and for whatever the time they work, the business owners have the peace of mind to concentrate on the core issues. However, there have been a few controversies associated with virtual assistants, which are merely misconceptions. Some of these have been addressed here.

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The trend of ordering food is common place all around the world. Today, food has become a commodity that is extremely frequently ordered and its business is at times, more dependent on orders than on dine-in or takeaway. This is because food is now needed not only in homes but also at large in offices and since the trends have changed a lot, people no more have time to go out and buy stuff. They therefore prefer picking up the phone and ordering what's on their mind. Telephonic shopping is becoming a norm in many other areas too but the way it has taken over the food industry, nothing else has.

Even though inland and nearshore outsourcing is being largely propagated today, most companies still prefer offshore outsourcing to areas that are half a world away. This is primarily due to the fact that the effects of the global economic crises of 2007 are still around and most nations still have not recovered from them. Therefore, money saving remains a great concern even today and with offshore outsourcing saves more money than inland or nearshore outsourcing, it is of course, the choice of most businesses. Especially inside the United States, the trend of stateside outsourcing is becoming popular but most businesses would tend to stick to far off areas. This has been found out by International Offshoring Research Network's (ORN) Project at Fuqua School of Business at Duke University together with International Business Education and Research (CIBER).

In any firm or business, one thing that is unavoidable today is the occurrence and recurrence of technical and IT related issues. At times, these issues are simple and solved with whatever the little knowledge the employees of the firm have but very often, they become large, serious or crucial enough not to be played around or experimented with. Or else, things might only worsen. In such cases, what is needed is help desk support. Since the use of technology has become a core value of almost every kind of business in modern times, occurrence of problems with the machinery, systems, tools and gadgetry is inevitable.

While cloud computing is fast becoming a popular form of sharing information and being adopted largely by the business community, it is facing many challenges. It is typical for a new technology to face problems while growing as it cannot be perfect in its initial days but with cloud computing, immense popularity and considerable success have coupled up with criticism in a whole new way. Some of the challenged being faced by this business include; ensuring the security of data, managing the contracts as well as the cloud, handling the lock-in and making up for the tensions.

These days, it is being noted that firms and businesses are looking for outsourcing their services more than ever before. While the trend of outsourcing has been around since quite some time now, the need to outsource administrative support services has never been so intense. Probably, the major reason behind all this is the increasing workloads, drying out economic conditions and increasing competition in the market. Whatever might be the reasons, business owners are largely in need of outsourcing but in order to get this done effectively and for the benefit; they need to know the right ways of doing it.

As the month of April neared its end and the dengue epidemic began to spread in various parts of Punjab once again, Emenac turned up to be a part of those serving the community and poured in a large sum of money to have the anti-dengue medications sprayed where required. Even though the government of Punjab has been actively working to stop the spread of dengue mosquito and bring this problem to an end, its uncontrollability has not made the efforts very successful. Emenac thus went into areas where the government could not manage to reach.

Researches and studies are always being led on various subjects and matters around the globe. Same is the case with call and contact centers. Where until recent times, the corporate sector was not even properly ready to accept the trend of working with call centers owing to lack to training and talent, today, researchers are finding ways of making things better with them. This shows that a call center service is something that has become a common part of most businesses and executives are largely making use of them. Numerous case studies and researches regarding this matter have come up and one of the recent one has to say that getting customer feedback can help enhance services.

Since the past few decades, the concept of customer support has been popularized like never before. It was back in the last decade when the CRM technologies were introduced and cal center customer support was considered to be largely revolutionized. As of today, the global call center industry is relying on the state-of-the-art XRM technology and BPO companies are setting up budgets to introduce cloud computing in their setups. Since the concept of customer support has increased a lot and has become immensely popular, its efficiency has become quite important. Hence, the customer support software is today's biggest need for call centers.

As opposed to the past, the modern-day business scenario is significantly different. Back in the day, corporations used to serve large markets, diverse in geography and culture and comprising huge masses but today, such a strategy is more likely to take a company to lose its way. Hence, working to attract customers from certain geographical area by getting closer to their culture and lifestyle is the way to expand businesses. While the need for growth is notably there, expanding the clientele without planning is not the right way to go about and therefore, targeting certain geographical region or a particular clientele is the new strategy of taking businesses further.

One of the most desirable services for a business or an enterprise in today's time is that of virtual receptionist. This service is a great help for business owners as they come to manage a lot of their tasks as backhand support and these tasks vary at large. From call centers and telephone calls to administrative and managerial tasks, everything can be handled by a virtual receptionist. These receptionists work from their place of convenience. Altogether, a virtual receptionist is what modern-day business owners look up to because they not only help in performing a lot of tasks but also charge much lesser than in-house employees. Thus, better than hiring, it is better to hand over a lot of tasks to virtual receptionists and they work out wonderfully well.

In today's time, when the world is set to look more towards the outwardly impressions, vast changes have been seen by the corporate world. Initially, dressing and being fashionably up-to-date was the only thing that mattered in professional life and even when this trend came out, people are a bit amazed because until before that time, knowledge was all what mattered. Today however, another thing that matters a lot is that of the image of the business. The more the image is professional, the more the clients are attracted to it. For that matter, business owners have largely begun using virtual receptionists.

Businesses today, largely take help of phone services to keep the callers entertained while the managers and core teams are busy elsewhere. While live answering services are amazingly popular, the IVR technology is also becoming common. While live answering services use human handling, an IVR system uses a computerized voice which leads the callers to the point where they want to get and does not take in a human response until the right extension has been reached. Like the traditional human controlled services, IVR systems can also work for 24/7.