In a Bank Run

question 201

Multiple Choice

In a bank run:

• A)the bank has a surplus of deposits and must turn customers away.
• B)bank customers try to withdraw their deposits.
• C)the bank runs out of money to lend to customers.
• D)the bank runs out of profitable investments for the funds of its depositors.

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Definitions:

Power and Legitimacy

The authority and rightfulness held by an entity or individual, often in a leadership or governmental context, recognized and accepted by others.

Social Objectives

Goals that relate to achieving welfare, benefits, or positive outcomes for society or specific social groups.

Dangerous Stakeholder

A stakeholder with the potential to negatively impact an organization or project through their actions or opposition.

Power and Urgency

These are criteria in stakeholder theory that determine the level of attention stakeholders receive based on their ability to influence the organization (power) and the immediacy of their claims (urgency).