6-35 Which of the Following Is NOT True

question 45

Multiple Choice

6-35 Which of the following is NOT true?

• A)The finance company industry tends to be very concentrated.
• B)Twenty of the largest finance companies account for more than 65% of the industry assets.
• C)Many of the largest finance companies tend to be wholly owned or are captive subsidiaries of major manufacturing firms.
• D)Finance companies specialize only in consumer loans and do not make business loans.
• E)Finance companies often provide captive financing for the purchase of products manufactured by their parent company.

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Definitions:

Tangible Factors

Concrete, measurable elements that can influence outcomes in various situations, such as physical resources or financial assets.

Intangible Factors

Intangible factors are aspects that cannot be physically touched or quantified easily, but significantly impact decision-making processes, perceptions, or value assessments.

Cross-border Negotiations

The process of negotiating agreements across national boundaries, involving parties from different countries.

Cross-cultural Negotiations

The process where parties from different cultural backgrounds engage in discussions to reach an agreement.