The Number of Banks Has Declined Dramatically in Recent Years

question 3

True/False

The number of banks has declined dramatically in recent years because bank mergers have become increasingly common.

---

Definitions:

Readiness to Change

A measure of an individual's willingness to adopt new behaviors or take action towards personal growth or improvement.

Pre-contemplation

A stage in the change process where individuals are not yet considering change or are unaware of the need for change.

Confrontation

A direct form of communication where conflicting parties address and discuss their differences, often aiming for resolution or understanding.

Contracts

Written or verbal agreements between two or more parties that outline the terms and conditions of a particular arrangement or transaction.