BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Organizational structture
|
|
|
Chain of Command
|
|
|
Organization Chart
|
Detailed explanation-1: -Organizational Charts also are known as Organization Charts, Org Charts, Organograms, Organogram Charts (sometimes spelled Organigrams or Organigrammes) and Hierarchy Charts. Don’t be fooled: Despite all the different names, they’re all the same thing.
Detailed explanation-2: -An organizational structure and an org chart can often appear similar on the surface, but there are some profound distinctions: Organizational structure is designed around the functions a business performs (e.g., sales, marketing, finance, engineering, etc.). An org chart is built around people and titles.
Detailed explanation-3: -Organizational charts (or hierarchy charts) are the graphical representation of an organization’s structure. Its purpose is to illustrate the reporting relationships and chains of command within the organization.