RUV Bank Ltd.,a leading international bank headquartered in Switzerland,has branches across 22 nations.Each branch has a well organized team of highly skilled employees.The banking corporation holds important meetings and conference calls at different intervals of time.RUV Bank Ltd.has successfully conducted global performance reviews and implemented global compensation plans.These are related to which of the following internal factors?

Question

Quizplus · Accepted Answer

Management processes include the capabilities and resources available to perform global planning, budgeting, and coordination activities, coupled with the ability to conduct global performance reviews and implement global compensation plans. RUV Bank Ltd. has excellent management processes as it is enabled with well organized teams of skilled individuals who engage in preparing global budgets and coordinate activities of all branches in the different areas of operation.