What Are the Major Disadvantages That Credit Unions Face Versus

question 37

Essay

What are the major disadvantages that credit unions face versus banks?

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Definitions:

Tall Organizations

Organizations with many hierarchical levels, resulting in a greater number of managers or supervisors and a longer chain of command.

Efficient Communication

The ability to transmit information in a way that is both effective and economical, using the least amount of resources or time.

Human Relations

The study and practice of creating positive, productive interactions and relationships among people.

Awards and Money

Acknowledgments or rewards, often in the form of trophies or cash, given to individuals or groups for their achievements or performance.