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The Perdue Bank of Houston,has Just Hired a New Manager

Question 53

Multiple Choice

The Perdue Bank of Houston,has just hired a new manager who has a reputation of anticipating potential problems and acting quickly to prevent those problems so that the bank stays healthy and profitable.What defense against risk is this bank making?


A) Portfolio diversification
B) Geographic diversification
C) Quality management
D) Increasing owners' capital
E) None of the options is correct.

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