The Bank of Japan's Ability to Respond to the Global

question 22

Multiple Choice

The Bank of Japan's ability to respond to the global financial crisis that began in 2007 was limited by

• A)the control exerted on the Bank of Japan by the central government.
• B)high interest rates in Japan.
• C)a bloated balance sheet, which was a result of its response to a financial crisis in Japan in the late 1990s.
• D)lack of coordination between the Bank of Japan and the US Federal Reserve Bank.

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Definitions:

Threat of Substitute Products

The potential risk that consumers might replace a company's product with similar goods or services from another provider.

Degree of External Competition

The extent of competition that a business faces from other companies within the same industry or market.

Operational Growth

The expansion of a company's operational capacity, often leading to increased output, efficiency, or market share.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.