If a Future Credit Crunch Is Possible,a Loan Commitment May

question 30

Multiple Choice

If a future credit crunch is possible,a loan commitment may expose the FI to

• A)credit risk.
• B)interest rate risk.
• C)sovereign country risk.
• D)funding risk.

Understand Lewin's model for planned change and its phases.

Identify and explain different change strategies used by change agents, including rational persuasion.

Recognize the organizational targets for change including tasks, people, structure, technology, and culture.

Acknowledge the complex reasons underlying resistance to change.

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Definitions:

Economic Profit

The difference between the total revenue received by a business and the total implicit and explicit costs of a business.

ATC

Average Total Cost, which is the sum of all production costs divided by the quantity of output produced.

Economic Profits

Profits exceeding the opportunity costs of a company; considered an indicator of efficiency and entrepreneurship.

Average Total Cost

The total cost of production divided by the total quantity of goods produced, representing the cost per unit.