Statewide Branch Banking

question 145

Multiple Choice

Statewide branch banking:

• A)is prohibited in all 50 states
• B)means that branch systems are less likely to fail than independent systems
• C)permits banks to located within a geographically defined distance of the main office
• D)none of the above

---

Definitions:

Technological Innovations

The development and application of new technologies and ideas that improve products, processes, or services.

Sales Manager

A person who directs an organization's sales team, oversees its operations, and strives to achieve sales targets.

Order-taker

An individual whose primary job responsibility is to take customer orders in a retail or B2B setting, often without the requirement to upsell.

CRM System

A set of information technology tools used to help companies stay connected to customers and prospects, streamline processes, and improve profitability.