Depositors Represent a Bank's Primary Responsibility, While Borrowing Customers Are

question 41

True/False

Depositors represent a bank's primary responsibility, while borrowing customers are secondary.

---

Definitions:

Transactional Leadership

A leadership style focused on supervision, organization, and performance; leaders promote compliance through rewards and punishments.

Exchange Relationship

A relationship based on reciprocal actions, where the benefits provided by one party are contingent upon the benefits provided by the other.

Power Shared

Refers to the distribution of decision-making authority among various individuals or groups in an organization, allowing for collaborative governance.

Transactional Leader

A leader who focuses on the role of supervision, organization, and group performance; they are concerned with maintaining the normal flow of operations.