If a Bank's Activities Are Categorized Under Such Departments as Community

question 126

Multiple Choice

If a bank's activities are categorized under such departments as community banking, institutional banking, and agricultural banking, what kind of departmentalization is being utilized?

• A) Product departmentalization.
• B) Process departmentalization.
• C) Functional departmentalization.
• D) Customer departmentalization.

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Definitions:

Verifiable Work Activities

Tasks or duties that can be proven or confirmed through evidence or testimony to have been completed.

Management By Objectives (MBO)

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed upon by both management and employees.

Supervisor/Team Leader

A role within organizations responsible for overseeing the operations of a team and guiding team members towards achieving set objectives.

Subordinates/Team Members

Individuals who work under the supervision of someone else in an organization, contributing to the team's objectives.