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Would you recommend a divisional structure by geographic area, product, customer, or process for a medium-sized bank in your local area? Why?

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Would you recommend a divisional structure by geographic area, product, customer, or process for a medium-sized bank in your local area? Why?

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Related questions

Would you recommend a divisional structure by geographic area, product, customer, or process for a medium-sized bank in your local area Why (Read chapter seven)?

I don't have the ability to read specific chapters or access external content, including Chapter 7 of any book. However, I can provide general advice. The choice between a divisional structure by geographic area, product, customer, or process depends on the bank's goals, market dynamics, and operational needs. Geographic divisions may suit if the bank operates in diverse regions, while product divisions might be suitable for a bank with a wide range of financial products. Customer-centric divisions work well if customer needs vary significantly. Process-oriented divisions could enhance efficiency. Careful consideration of these factors is crucial in making the best decision for the bank's structure.


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