Statewide Branch Banking

question 145

Multiple Choice

Statewide branch banking:

• A)is prohibited in all 50 states
• B)means that branch systems are less likely to fail than independent systems
• C)permits banks to located within a geographically defined distance of the main office
• D)none of the above

---

Definitions:

Scanning The Environment

The act of systematically reviewing the competitive, economic, political, and social landscapes to anticipate and react to changes.

Law Of Unintended Consequences

The Law of Unintended Consequences highlights the unpredictable and unintended effects that can result from an action or decision.

Relevant To Managers

Relevant to managers refers to information, trends, skills, or knowledge that is directly applicable or crucial for managing organizations, making decisions, and leading teams effectively.

Tacit Knowledge

Knowledge gained from personal experience and contextual insights, which is difficult to formally document and transfer.