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Meaning of shared service | Babel Free

Noun CEFR B2

Definitions

  1. An internal business organization providing support services that are shared between multiple business units or functions.
  2. A virtual or physical team whose process expertise is shared across multiple business units or functions (rather than duplicating staff in each business unit) to execute business processes, in a consistent manner, for optimal resource efficiency, cost and service performance.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

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