Which of the Following Is an Example of the Economies

question 19

Multiple Choice

Which of the following is an example of the economies of scope argument for increased profits for large financial holding companies?

• A) Financial holding companies offer a wide array of services under one name.
• B) Financial holding companies need only one CEO, one Board of Directors, and one accounting system regardless of size.
• C) Financial holding companies face declining average costs per dollar of deposits.
• D) The profitability of financial holding companies relies on one particular line of business.

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Definitions:

Vicarious Modelling

A learning process that occurs through observing the actions of others and the consequences of those actions, rather than through personal experience.

Verbal Persuasion

The act of influencing or convincing others through spoken words, using logic, emotion, or authority.

Emotional Arousal

A condition where an individual experiences intense feelings or heightened emotional states, which can impact behavior and cognition.

Bandura

Refers to Albert Bandura, a psychologist known for his work on social learning theory, which emphasizes the role of observational learning, imitation, and modeling in behavior.