Calverd Bank was one of the first banks to open a branch in the rural county of Shirles. Even after many other banks opened their branches in Shirles, Calverd Bank continues to have the biggest market share because of its excellent customer service. In the context of management, the Shirles branch of Calverd Bank illustrates _____.
A) synergy
B) efficiency
C) autonomy
D) effectiveness

Question

Quizplus · Accepted Answer

The example of Calverd Bank in Shirles illustrates effectiveness in management, as indicated by their continued success and market dominance due to their excellent customer service. The other options, synergy, efficiency, and autonomy, are not as relevant to this specific scenario.

Calverd Bank Was One of the First Banks to Open