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According to McClelland, the most important needs for managers are the needs for
Retail Bank
A bank that provides financial services to individual consumers rather than businesses, offering deposits, loans, and other services.
Commercial Bank
A commercial bank is a financial institution that offers various services, such as accepting deposits, providing business loans, and offering basic investment products to individuals and businesses.
Corporate Bank
A financial institution that provides services such as loans, currency exchange, and large-scale investment opportunities to businesses and corporations.
Commercial Letter
A commercial letter is a document used in international trade that provides specific instructions or information regarding the shipment of goods.
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