📝 One-liners · 66 cards
DIRECTING & CONTROLLING
What is the primary purpose of the 'directing' function in banking management?
Directing is the managerial function of guiding, instructing, and inspiring employees to achieve organizational goals through leadership, communication, motivation, and supervision.
What is the meaning of 'directing' as a management function in banks?
Guiding and leading employees toward achieving organizational goals.
How does 'controlling' differ from 'directing' in the management process?
Directing initiates action by guiding people, while controlling measures actual performance against standards and takes corrective action to ensure plans are executed effectively.
What is 'controlling' as a management function in banking organizations?
Monitoring performance and correcting deviations from set standards.
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