Privately-Owned Firms That Accept Deposits from Individuals and Businesses and Use

question 66

Multiple Choice

Privately-owned firms that accept deposits from individuals and businesses and use those deposits to make loans are called:

• A)mortgage banks.
• B)brokerage firms.
• C)commercial banks.
• D)investment banks.

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Definitions:

Organizational Development

A planned, systematic approach to improving the effectiveness of an organization through changes in processes, people, and structures.

Employee Satisfaction

The level of contentment and happiness that an employee feels towards their job and work environment.

Pay Compensation

Financial remunerations paid to employees in exchange for their labor or services performed.

Organizational Development

A systematic approach to improving the effectiveness, health, and capability of organizations through planned change.