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Introduction unions are organisations formed to voice out dissatisfactions and represent involvements of employees in a company in the past employees- particularly those who are low in instruction degree and those who are minorities were exploited because they are non cognizant of their rights. This paper will also address the effects of globalization on the bank of america and i will conduct a benchmarking analysis that will include the best practices of bank of america, operational processes and procedures for bank of america and products or services for bank of america. These gave the bank the advantage over its competitors and remain affected by the economic turmoil the above strategy of the company also bought about a cri .
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