Banking · Branch Management
Which of the following approaches is most effective for setting goals for individual branches in a bank network? Statement 1: Imposing uniform top-down sales targets across all branches regardless of their location, regional potential, and customer demographics. Statement 2: Tailoring performance benchmarks and growth targets based on the specific market size, local economic conditions, and business potential of each branch.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement 1 and Statement 2 are correct
- 2Neither Statement 1 nor Statement 2 is correct
- 3Only Statement 1 is correct
- 4Only Statement 2 is correct✓
Correct answer
Only Statement 2 is correct
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