As Per the Gramm-Leach-Bliley Act,one of the Ways Through Which

question 79

Multiple Choice

As per the Gramm-Leach-Bliley Act,one of the ways through which a banking-insurance-securities affiliation can take place is through:

• A)a financial holding company.
• B)the state insurance commissions.
• C)the European Central Bank.
• D)a financial service corporation.
• E)a financial modernization organization.

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Definitions:

Personal Selling

A marketing approach involving direct interaction between a salesperson and a potential buyer to influence the latter's purchase decision.

Mass Production

The manufacturing of large quantities of standardized products often using assembly lines or automated technology, which can lead to economies of scale.

Product Orientation

A business approach that focuses on improving and selling a product without prioritizing customer needs or market demands.