A Pattern of Basic Assumptions That Are Considered Valid and That

question 17

Multiple Choice

A pattern of basic assumptions that are considered valid and that are taught to new members as the way to perceive, think, and feel in an organization is known as:

• A) socialization.
• B) corporate culture.
• C) psychological conditioning.
• D) value system.

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Definitions:

Commercial Banks

Financial institutions that offer a wide range of services, including accepting deposits, providing loans, and other investment products.

Fewer Banks

Refers to a situation in the financial sector where the number of banking institutions is reduced, which can affect the competition, availability of credit, and financial stability of an economy.

Deposits Concentrated

Deposits concentrated indicates a banking scenario where a large proportion of deposits is held by a small number of account holders.

Thrift Institutions

Savings banks and credit unions; depository institutions that historically lent money to households.