A Bank That Handles Consumer Loans in One Department and Commercial

question 166

True/False

A bank that handles consumer loans in one department and commercial loans in another department is using product departmentalization.

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Definitions:

Project Functions

Various roles, tasks, and activities undertaken to achieve the objectives of a project, often classified into categories like planning, execution, monitoring, and closing.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.

Project Manager

A professional responsible for planning, executing, controlling, and closing projects while managing the project team and resources.

Build Trust

Build trust involves creating a reliable and confident relationship between individuals, teams, or organizations through consistent actions and ethical behavior.