📝 One-liners · 66 cards
Organising
What is the primary purpose of organising as a management function in banking?
Organising establishes a formal structure of authority, responsibility, and communication channels to coordinate resources and activities toward achieving the bank's objectives efficiently.
What is the principle of 'exception' in management as applied to bank organising?
Only exceptional matters are escalated to higher management levels.
How does the principle of unity of command apply in a bank's organisational structure?
The principle of unity of command states that each employee should receive orders and be accountable to only one superior, preventing conflicting instructions and ensuring clear accountability in banking operations.
What is the meaning of 'organisational design' as a managerial activity in banks?
Structuring roles, processes and hierarchies to achieve bank objectives.
🔒
Unlock 66 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Organising.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days