Which of the Following Are Profit-Oriented Depository Financial Institutions That

question 18

Multiple Choice

Which of the following are profit-oriented depository financial institutions that accept deposits, make business and consumer loans, invest in government and corporate securities, and provide other financial services?

• A) credit unions
• B) thrift institutions
• C) chartered banks
• D) finance companies

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Definitions:

Strategies

Planned actions or policies designed to achieve a major or overall goal.

Performance Appraisal

A systematic evaluation process by which an employee's job performance is assessed, typically for the purpose of making decisions about promotions, salary adjustments, and professional development.

Nonmanagerial Subordinates

Employees who do not have managerial responsibilities and typically report to managers or supervisors.

First-line Management

Managers at the lowest level of an organization who directly supervise and support frontline employees.