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"Oh by the Way, the Loan Contract Will Require That

question 92

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"Oh by the way, the loan contract will require that your company maintain a checking account at this bank with a minimum balance of $7,000 or be subject to a 2 percent upward adjustment in the interest rate while the balance is below the minimum," said the banker just as the entrepreneur thought the start-up loan for her new business venture was settled. The banker is practicing:


Definitions:

Internal Integration

The process of aligning and unifying various elements within an organization, such as departments, teams, and processes, to work cohesively towards common goals.

Cultural Symbols

Objects, signs, or emblems that carry specific meanings recognized by individuals within a particular culture or society.

Jargon

Specialized language or terminology used by a particular profession or group, often difficult for outsiders to understand.

Gestures

are movements of the body, especially the hands and arms, that express ideas or feelings.

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