1. Before the modern banking era, small lenders were the dominant type of money lenders in an...
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1. Before the modern banking era, small lenders were the dominant type of money lenders in an economy. Provide brief discussions on the comparative disadvantage faced by these lenders in comparison to modern banks.
2. How do modern banks overcome the shortcomings faced by smaller lenders above?
Related Book For
Strategic Management Text and Cases
ISBN: 978-1259302923
8th edition
Authors: Gregory Dess, Tom Lumpkin, Alan Eisner, Gerry McNamara
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