_____ Are Involved in Brokering Very Large Loans to Companies

question 95

Multiple Choice

_____ are involved in brokering very large loans to companies.

• A) Wholesale banks
• B) Retail banks
• C) Central banks
• D) Savings banks

---

Definitions:

Formal Hierarchy

The organized structure of roles and responsibilities within an organization, often depicted in an organizational chart.

Narrow Span

Refers to a managerial structure where each manager oversees a small number of subordinates, allowing for more close-knit supervision and communication but potentially increasing organizational layers.

Cost Leadership

is a business strategy aimed at achieving the lowest operational costs in the industry to offer products or services at competitive prices, often resulting in a high market share.

Organic Structure

An organizational configuration that is flexible, adaptive, and decentralized, designed to enable rapid response to changes.