In Which Way Did Building Societies Respond to the Competitive

question 14

Multiple Choice

In which way did building societies respond to the competitive pressures resulting from the deregulation of the banking system in the 1980s?

• A)They engaged in mergers for efficiency and scale reasons.
• B)They adopted improved technology.
• C)They diversified their products and activities.
• D)All of the listed options are correct.

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Definitions:

Delusions

False beliefs held with strong conviction despite superior evidence to the contrary.

Hallucinations

False perceptions of objects or events involving the senses, without real external stimuli.

Cognitive-Behavioral Theorist

A professional in psychology who studies and applies theories related to cognitive-behavioral therapy, focusing on the relationship between thoughts, feelings, and behaviors in understanding and treating psychological disorders.

Personality Disorders

A group of mental health conditions characterized by enduring patterns of thinking, feeling, and behaving that are significantly different from cultural expectations and cause distress or impairment.