商业银行管理彼得S罗斯英文原书第8版英语试题库Chap003
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Chapter 3
The Organization and Structure of Banking and the Financial-Services Industry
Fill in the Blank Questions
1. A(n) ___________________ is a machine located at the merchant's place of business which allows
depositors to use their debit card to pay for purchases directly.
Answer: POS
2. A(n) _____________________ is a bank which offers its full range of services from several
locations.
Answer: branch bank
3. A(n) _____________________ is a bank which offers its full range of services from only one
location.
Answer: unit bank
4. A(n)________________________ is a corporation chartered for the express purpose of holding
the stock of one or more banks.
Answer: Bank Holding Company
5. Managers who value fringe benefits, plush offices and ample travel budgets over the pursuit of
maximum returns for stockholders are exhibiting signs of __________________________.
Answer: Expense Preference Behavior
6.A(n) __________________________ can invest in corporate stock as sell as loan money to help
finance the start of new ventures or support the expansion of existing businesses.
Answer: Merchant bank
7. A bank which operates exclusively over the internet is known as a ___________ bank.
Answer: Virtual
8. One new 21st century bank organizational structures is _____________________ . This is a
special type of holding company that may offer the broadest range of financial services.
Answer: Financial Holding Company (FHC)
9.The key problem in a large money center bank is . Managers may be
knowledgeable about banking practices but may be less informed about products and services of subsidiary companies.
Answer: span of control
10.The Gramm-Leach-Bliley Act moved the U.S. banking industry closer to banking in
which banks may provide securities, insurance, and other financial products.
Answer: universal
11.A bank that is not associated with a bank holding company is called a(n) bank.
Answer: independent
12. is a view of how modern corporations operate which analyzes the
relationship between a firm’s owners and its managers.
Answer: Agency theory
13.Many experts believe that , the relationships that exist between managers,
the board of directors and stockholders, is more complicated in financial institutions. Answer:
Because of government regulations.
14. is the idea that there will be a lower cost of production per
unit as the firm gets larger.
Answer: Economies of scale
15. is the idea that there will be lower cost of producing multiple
services using the same organization and resources.
Answer: Economies of scope
16.Over the years, managers of banks and other financial institutions have evolved different
organizational forms to address changes in the industry. Indeed, these firms are organized to carry out various roles in the most efficient way. This is referred to as _________________________.
Answer: Organizational form follows function
True/False Questions
T F 17. Bank size is not considered a significant factor in determining how banks are organized.
Answer: False
T F 18. Nearly three quarters of all U.S. banks exceed $100 million in asset size apiece.
Answer: False