What Is the Most Important Factor in Ensuring a Smooth

question 16

Essay

What is the most important factor in ensuring a smooth running, efficient operation in a people-centered working environment?

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Definitions:

Processing Time

The amount of time taken to complete a particular process, task, or operation.

Same Day Value

Bank makes proceeds of cheques deposited available the same day before cheques clear.

Cheques Deposited

The process of placing cheques received into a bank account to be processed and the funds credited to the account holder.

Clear

To settle a trade or transaction by exchanging financial instruments or the legal process of resolving a dispute.