Southeastern Bank Organizes Its Loan Operations Based on the Market

question 69

Multiple Choice

Southeastern Bank organizes its loan operations based on the market served-consumer, small business, or nonprofit organizations. Departmentalization based on ________ allows Southeastern to better serve borrowers with different needs.

• A) function
• B) geography
• C) process
• D) customer group

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Definitions:

Great Society Program

A set of domestic policy initiatives launched by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice.

1960s

A decade marked by major political and social change globally, including the Civil Rights Movement in the United States, the Vietnam War, and the rise of counterculture.

Personal Responsibility

The idea that individuals are accountable for their actions and the consequences of those actions.

Work Opportunity Reconciliation Act

Legislation in the United States that aims to encourage employers to hire less qualified job seekers, including long-term welfare recipients, by offering federal tax credits.