Financial intermediaries spread their risk by providing funds to a large number and variety of borrowers by offering many different types of loans. Due to this, the loan portfolios of intermediaries are said to be _____.
A. well diversified
B. well consolidated
C. economically efficient
D. partially underwritten
E. partially shelf registered
Answer: A
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The italicized words in which of the following sentences correctly illustrates the use of a proper adjective?
A. The CEO reluctantly signed the contract from Germany. B. Paul's favorite vacation spot is in Venice. C. Mark and his wife are proud to be NewYorkers. D. Susan could never forget the experience she had in Egypt.
In order to maintain high inventory turnover, discount stores choose
A. full-service over self-service. B. goods over services. C. breadth over depth. D. depth over breadth. E. self-service over full-service.
Horizontal marketing systems are channel systems in which the whole channel focuses on the same target market at the end of the channel.
Answer the following statement true (T) or false (F)
A ________ structure provides an organization with the most flexibility, but easier to operate.
A. geographic B. matrix C. product D. product team E. functional