What Accounts for the Problems Facing China's Four Largest Banks

question 10

Multiple Choice

What accounts for the problems facing China's four largest banks?

• A)large loans to inefficient, state-owned enterprises
• B)closing of unprofitable branches and laying off unproductive employees
• C)selling shares in the bank overseas to raise capital
• D)all of the above

---

Definitions:

Perceptual Distortion

A cognitive bias or error that affects the accuracy of one's perception or interpretation of reality.

Vicarious Learning

The process of learning by observing the actions and outcomes of others rather than through direct experience.

Albert Bandura

A psychologist known for his work on social learning theory and for introducing the concept of self-efficacy.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.