The Financial Crisis That Occurred in 2007 and 2008 Highlighted

question 10

Multiple Choice

The financial crisis that occurred in 2007 and 2008 highlighted one of the crucial functions of commercial banks and other financial institutions in developed economies.A crucial function that ceased to work smoothly during this time,and contributed to the global recession that began in 2008,was

• A)the acceptance of deposits from firms and households.
• B)the joint regulation of financial markets.
• C)the provision of credit to firms,households and other banks.
• D)cheque clearing and collection.
• E)the clearing of electronic transfers.

Understand the influence of stereotypes, cultural norms, and ethnocentrism in organizational communication.

Describe the advantages of face-to-face communication and recognize the importance of nonverbal cues.

Explain the concept of team dynamics and the role of complementary skills within organizational teams.

Understand the nature and effects of asynchronous communication in organizations.

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Definitions:

Decades

Periods of ten years.

Continuous

Uninterrupted in time, sequence, substance, or extent; without cessation or gaps.

Discontinuous

Characterized by interruptions or gaps, not having a steady or unbroken progression.

Multidimensional

Characterized by involving or having several dimensions or aspects.