Examlex
Which of the following statements is true?
Promote Diversification
A strategy aimed at reducing risk by allocating investments among various financial instruments, industries, and other categories.
Financial Cooperatives
Member-owned financial institutions that provide savings, credit and other financial services to their members.
Commercial Banks
Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.
Horizontal Merger
A business consolidation that occurs between two firms that operate in the same industry, often aimed at increasing market share and reducing competition.
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