The Establishment of a Global or International Presence by an FI

question 95

Multiple Choice

The establishment of a global or international presence by an FI can be achieved in all but which of the following ways?

• A)Selling financial services from a domestic office to a domestic customer who has commercial activities in a foreign country.
• B)Selling financial services to a foreign customer through subsidiary companies in a foreign country.
• C)Selling financial services through a branch, agency, or representative office.
• D)Selling financial services from domestic offices to foreign customers.
• E)Two of these do not qualify an FI as achieving an international presence.

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Definitions:

Organizational Change

Organizational change refers to the process through which a company or organization goes through a transition to achieve a desired state, improve processes, technologies, or organizational structure.

New Norms

Emerging standards or practices that become accepted within a society or organization.

Organizational Learning

The capacity of an organization to acquire, apply, and transfer knowledge to improve its performance over time.

Double-Loop Learning

A learning process where errors are corrected by reevaluating and modifying the underlying norms, policies, and objectives that led to the errors, in contrast to single-loop learning which focuses only on fixing the errors themselves.