The Process of Instituting Ongoing Small, Incremental Improvements in All

question 118

Multiple Choice

The process of instituting ongoing small, incremental improvements in all parts of an organization is called

• A)MBO.
• B)reengineering.
• C)radical innovation.
• D)MBWA.
• E)continuous improvement.

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Definitions:

Glass-Steagall Act

A 1933 law creating a regulatory firewall between commercial and investment banking sectors to prevent financial crises.

Investment Banking

A segment of banking that specializes in providing various financial-related and advisory services to individuals, corporations, and governments in relation to underwriting, capital raising, merger, and acquisition, and other transactions.

Universal Banks

Financial institutions that offer a wide variety of banking services, including both commercial and investment services.

TARP Funds

Stands for Troubled Asset Relief Program, a program of the U.S. government to purchase toxic assets and equity from financial institutions to strengthen its financial sector during the 2008 financial crisis.