商业银行管理彼得S.罗斯英文原书第8版-英语试题库Chap003.docx

Chapter 3 The Orga ni zati on and Structure of Banking and the Finan cial-Services In dustry Fill in the Bla nk Questio ns A(n) is a machi ne located at the mercha nt's place of bus in ess which allows depositors to use their debit card to pay for purchases directly. An swer: POS A(n) is a bank which offers its full range of services from several locati ons. An swer: branch bank A(n) is a bank which offers its full range of services from only one locati on. An swer: unit bank A(n) is a corporation chartered for the express purpose of holding the stock of one or more ban ks. An swer: Bank Holdi ng Compa ny Man agers who value fringe ben efits, plush offices and ample travel budgets over the pursuit of maximum retur ns for stockholders are exhibit ing sig ns of . An swer: Expe nse Prefere nee Behavior A(n) can in vest in corporate stock as sell as loa n money to help finance the start of new ven tures or support the expa nsion of existi ng bus in esses An swer: Mercha nt bank A bank which operates exclusively over the in ter net is known as a bank. An swer: Virtual One new 21st century bank organizational structures is . This is a special type of holdi ng compa ny that may offer the broadest range of finan cial services. An swer: Finan cial Holdi ng Compa ny (FHC) The key problem in a large money cen ter bank is . Man agers may be kno wledgeable about banking practices but may be less in formed about products and services of subsidiary compa ni es. An swer: spa n of con trol The Gramm-Leach-Bliley Act moved the U.S. banking industry closer to banking in which banks may provide securities, in sura nee, and other finan cial products. An swer: uni versal A bank that is not associated with a bank holding company is called a(n) bank. An swer: in depe ndent is a view of how modern corporations operate which analyzes the relati on ship betwee n a firm ' s owners and its man agers. An swer: Agency theory Many experts believe that , the relati on ships that exist betwee