One of the Concerns of Increased Bank Consolidation Is the Reduction

question 123

Multiple Choice

One of the concerns of increased bank consolidation is the reduction in community banks which could result in

• A)less lending to small businesses.
• B)loss of cultural identity.
• C)higher interest rates.
• D)more bank regulation.

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Definitions:

Formalized Rules

Explicitly stated regulations or guidelines designed to structure certain behaviors or operations within an organization.

Centralized Authority

A management structure where decision-making and direction come from a single point or very few points within the organization.

Divisional

Pertaining to a type of organizational structure where operations are segmented based on products, services, markets, or geographies, each with its own management.

Organizational Structure

Describes the way in which a company arranges its lines of authority, communications, rights, and duties.