One of the Problems Experienced by the Savings and Loan

question 40

Multiple Choice

One of the problems experienced by the savings and loan industry during the 1980s was

• A)managers lack of expertise to manage risk in new lines of business.
• B)heavy regulations in the new areas open to S&Ls.
• C)slow growth in lending.
• D)close monitoring by the FSLIC.

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Definitions:

Ethnocentrism

Ethnocentrism is the belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a feeling of contempt for other cultures.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said.

Communication Efficiency

The effectiveness with which information is exchanged within an organization, ensuring that messages are delivered clearly, quickly, and understood as intended.

Perceived Meaning

The interpretation or significance that individuals attribute to something based on their perceptions and experiences.