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Mini-Case the Bank of Bramblewood Survived the Great Depression Through the the Dedication

question 289

Multiple Choice

Mini-Case
The Bank of Bramblewood survived the Great Depression through the dedication, hard work, and conservative practices of its first president, Red E. Kash. Indeed, Red's personal drive and business skills helped the Bank of Bramblewood thrive during his 50-year tenure as president. After his retirement his granddaughter, Patty, took a position with the bank. Patty inherited her grandfather's business skills and by 1994 she had risen to become the second member of the Kash family to head the bank.
Patty admits she owes a great deal to her grandfather's leadership and advice, but she also quickly points out that the banking industry has changed significantly since Red retired. Patty graduated from college with a degree in finance, and also holds several certifications with the American Institute of Banking. "What Granddad achieved during his era was truly remarkable," Patty points out. "But times have changed, and banking regulations and bank competitors have certainly changed. If we hope to prosper in this century we have to adjust to new competition, learn to work with new technologies, and take advantage of new opportunities. The Bank of Bramblewood has always operated for the benefit of our customers and we will continue to do so. But we must serve them more efficiently and creatively than in the past."
-As the bank has grown and expanded to other towns in its region, several of its business customers are participating in global trade. Which of the following services provided by the bank would help companies conduct international business?

Definitions:

Mail Survey

A research method involving the distribution of questionnaires sent through the postal service to collect data from respondents.

Sample Size

The number of subjects or units chosen from a population to participate in a study.

Accurate

A term describing the closeness of a measurement to the true value or the degree of accuracy of a measurement or process.

Sample Estimates

Statistical values calculated from a sample that estimate corresponding parameters in the population from which the sample is drawn.