Investment Banking Is Changing Dramatically into an Industry Where

question 67

Multiple Choice

Investment banking is changing dramatically into an industry where

• A) investment bankers are using larger syndicates to distribute initial public offerings.
• B) investment bankers are becoming increasingly larger so that they can take on more risk and have less need for large syndicates.
• C) investment bankers don't need a distribution network because most new issues are sold directly to institutional investors.
• D) new investment banking firms are being established to deal with the increasing number of companies looking for capital.

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Definitions:

Drive Theories

Theories suggesting that motivation is primarily based on the needs to reduce internal states of tension and restore homeostasis.

Clark Hull

An influential psychologist known for his drive-reduction theory of learning and motivation within the behaviorist framework.

Primary Motive

Fundamental drives or motivations that are biological in nature, such as hunger, thirst, or the need for sleep.

Ethology

The scientific study of animal behavior, often with a focus on behaviors that are instinctive or genetically programmed.