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.T he 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.M any 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.O ver 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
T F 19. Nearly all U.S. banks with federal or state charters have their deposits insured by the Federal Deposit Insurance Corporation.
Answer: True
T F 20. State-chartered banks in the United States represent about a quarter of all