To enhance connectivity among its employees worldwide, XYZ organization initiated a project to improve this business process and bought related IT solution. This project is an example of:

a. Business Process reengineering

b. Business process offshoring 

c Business Alliance

d. Mass Customization

b. Business process offshoring 

Business

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Which of the following is an advantage of using balanced scorecard?

A. It eliminates the need to communicate the details of the plan to the employees. B. It eliminates managerial effort when providing incentives to employees. C. It provides more pay to all employees in the organization. D. It reduces employee stress as it does not focus on financial targets. E. It helps employees understand the organization's goals.

Business

Given increasing globalization, cultural differences can lead to misunderstandings and conflicts that cause stress in cross-cultural teams

Indicate whether the statement is true or false

Business