Ask Question
BusinessBusiness
16 June, 23:25

True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.

+2
Answers (1)
  1. 16 June, 23:54
    0
    True. The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.

    Explanation:

    The financial crisis broke the back of many big firms especially working the stock market and exchange. Financing services were being handled by big behemoths during the time that harbored a lot of space in the industry and did not allow smaller firms to take over the tasks and succeed in their stead.

    The crisis made it impossible for their business models to sustain and no one could afford a hefty sum for financial services so smaller companies with less operational costs took their place.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The cost of advertising in a newspaper is very expensive. False True
Answers (1)
What is the job description of a pathologist?
Answers (2)
Canopy services paid k. canopy, the sole shareholder of canopy services, $5,100 in dividends during the current year. the entry to close the dividends account at the end of the year is:
Answers (1)
Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. assuming a constant interest rate of 10%, consider the present and future values of this gift, depending on when you become engaged.
Answers (1)
Cutting taxes A) will lower disposable income and lower spending. B) will lower disposable income and raise spending. C) will raise disposable income and lower spending. D) will raise disposable income and raise spending.
Answers (2)
New Questions in Business
Department is related to organization as employee is related to Which of the following? Perforarmance Subordinate Coworker Supervisor Team
Answers (1)
Ellie next asks you about the component located near the top of the window below the title bar. You explain that it provides easy, central access to the tasks performed while creating a document. What is the name of this component? a. status barb.
Answers (1)
Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 10 percent.
Answers (1)
What contributions can a career management program make to an organization that is forced to downsize its operations?
Answers (1)
Every decision should be thoroughly considered using a decision-making process. True or False
Answers (1)
Home » Business » True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.
Sign Up Forgot Password?