This document discusses outsourcing and the business process outsourcing (BPO) industry. It defines different types of outsourcing like offshoring, nearshoring and homeshoring. The benefits of BPO include access to skilled resources and lower costs. Common BPO services mentioned are customer service, finance and accounting. The document also discusses information technology outsourcing (ITO) and knowledge process outsourcing (KPO). Countries are promoting their BPO industries by improving infrastructure and political stability to attract investment. Job opportunities in the sector are increasing.