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Essay Details:
Essay text:
Dean Foust (2006, para 4), in his article, explains that Bank of America(BofA) IT executives estimate a savings of approximately $100 million since 2001 by offshoring some work that was previously performed in the US and the UK. But just as important was the retention of highly skilled and motivated employees that the bank realized whenever it develops new products and services.
Concepts Applied in Response to the Issue
Three concepts in this article apply to the Global Communications scenario. These concepts are organizational commitment, continuous commitment and organizational communications...
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