In the Short-Term,newly-Chartered Banks Fail At

question 62

Multiple Choice

In the short-term,newly-chartered banks fail at:

• A)a lower rate than established banks.
• B)the same rate as established banks.
• C)a higher rate than established banks.
• D)a higher rate than non-chartered banks.
• E)a lower rate than non-chartered banks.

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Definitions:

Formalization

The degree to which an organization formally documents its policies, procedures, job roles, and regulations in writing.

Decentralization

The distribution of decision-making powers and operational responsibilities away from a central authority to individual units or levels within an organization or system.

External Environment

All external forces or factors that impact an organization's performance, including competition, economy, laws, and social trends.

Diverse Environments

Contexts or settings characterized by a wide range of differences, including cultural, biological, social, and ecological variation.