When a Bank Is Expecting to Be Able to Employ

question 4

Multiple Choice

When a bank is expecting to be able to employ the same managers,employees,and physical resources to offer multiple products and generate costs savings they are expecting which of the following effects?

• A)Product-line diversification effect
• B)Economies of scope effect
• C)Economies of scale effect
• D)Geographic diversification effect
• E)None of the options is correct.

---

Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, crucial for international trade and investments.

Widget Costs

An generic term used to discuss the production costs associated with creating a fictional or hypothetical product.

Mexican Pesos

The currency of Mexico, used for all financial transactions within the country.

Exchange Rate

The value of one currency for the purpose of conversion to another.currency for the purpose of conversion to another.