Corporations depend on banks and other financial institutions to meet their credit needs more today than they did in the past.

Question

Quizplus · Accepted Answer

Corporations have become increasingly reliant on banks and other financial institutions for credit in recent years. This is due to a number of factors, including the increasing complexity of business operations, the need for larger amounts of capital, and the globalization of the economy.

Corporations Depend on Banks and Other Financial Institutions to Meet