F11-085 - Tran Linh Trang.v.1.1.docx

This chart helps create the most strict control

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which they may apply and develop their technical expertise. This chart helps create the most strict control measure because each branch is under the control of department. All advantages lead to grow in profitability for this banking. However, this chart brings a lot of disadvantages. The attribution of too much branches can cause the increasing of overhead costs paying for employees’ salaries, service, …. Finding human resources is also difficult because of the serious lack of professional employees for necessary position. Because of the various function, it lead to the poor connection and communication problem between departments when setting goals and operating modes. Not only that, it cause the limitation of development management team. 3.2.Critically analyse the interrelationship between various functions within Vietinbank and how they are interconnected to organisational objectives and structure of Vietinbank. The organization chart is built based on company strategy. As can be seen from the organization chart, board of management is interconnected with credit committee and financial institution committee because they manage all the marketing, apply a new technology, debt,… In other words, this department needs funds to develop marketing activities, buy facilities,…..Especially, Treasury & market division, Retail banking division and have a close connection with Financial
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institution committee because the main activity of this branch is play a financial intermediary role in capital transfer process from sellers to buyers, lender to borrower, …. In addition, Brand and communication division depend on Payment committee. Have built a developed company with a quality brand, this banking must be paid a lot of money for advertisement, logo design,….
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