BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In the bank management pyramid, these are the managers that carry out the executive plan:
A
Executives
B
Middle Management
C
Supervisors
Explanation: 

Detailed explanation-1: -Middle management is the intermediate management level of a hierarchical organization that is subordinate to the executive management and responsible for ‘team leading’ line managers and/or ‘specialist’ line managers.

Detailed explanation-2: -The four most common types of managers are top-level managers, middle managers, first-line managers, and team leaders. These roles vary not only in their day-to-day responsibilities, but also in their broader function in the organization and the types of employees they manage.

Detailed explanation-3: -Middle managers act as gatekeepers here, making sure that employees are provided with what is needed to embrace new ways of working. In order to sustain changes, middle managers have to re-model their own mindset and behaviour (e.g. experimenting; evaluating; coaching; building trust) and lead by example.

Detailed explanation-4: -Middle managers have titles like department head, director, and chief supervisor. They are links between the top managers and the first-line managers and have one or two levels below them.

There is 1 question to complete.