Originally, Savings and Loan Associations

question 275

Multiple Choice

Originally, savings and loan associations

• A) offered brokerage services to small investors.
• B) promoted consumer thrift and home ownership.
• C) acted as a fiscal agent for the federal government, and issued and redeemed U.S. savings bonds.
• D) handled the overflow of business from national and state banks.

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Definitions:

Optimum Span

The ideal range or limit within which a specific condition or variable yields the best performance or outcome.

Management Overhead

Represents the costs associated with administrative and management functions that are not directly related to production or service delivery.

Tall Structure

An organization structure that has narrow spans of control and many hierarchical levels.

Wider Spans of Control

Refers to a leadership approach where a single manager or supervisor oversees a larger number of subordinates, indicating a flatter organizational structure.