Organization theorists tell us that all of the constituents of organizations have individual goals which they expect to be satisfied by organizational activity.They also tell us that the supporting environment has goals for the organization which must be satisfied if the organization is going to continue to receive environmental support in the form of scarce resources and utilization of its output. Also, taken all together, organizational goals, member goals, and environmental goals may be conflicting. In an attempt to control at least a portion of the melange, Goal Programming (GP) has been designed to attempt to deal with organizational goals. The assumption is that organizational decision makers can at least rank order their preferences of goal attain mentand, where goals may sometimes conflict, those conflicting goals may not be in direct opposition to each other and may vary in strength. This paper addresses the crucial problem which any bank faces in managing its portfolio. Further, the paper shows how GP can be an efficient tool in measuring the level of achievement of predetermined goals in commercial banks according to prioritized policies and regulations.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.