Intercontinental Bank is a well established bank in the financial sector with significant consumer and small business loans. The Bank believes that the construction sector in your jurisdiction is carded to pick up soon especially in this pandemic and intend to move into lending to construction companies financing luxury homes. Intercontinental Bank intends to change its business model and focus on corporate lending to construction firms. Given the current economic climate why it may or may not be an appropriate move for Intercontinental Bank to concentrate its lending portfolio in luxury construction

Intercontinental Bank is a well established bank in the financial sector with significant consumer and small business loans. The Bank believes that the construction sector in your jurisdiction is carded to pick up soon especially in this pandemic and intend to move into lending to construction companies financing luxury homes. Intercontinental Bank intends to change its business model and focus on corporate lending to construction firms. Given the current economic climate why it may or may not be an appropriate move for Intercontinental Bank to concentrate its lending portfolio in luxury construction

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter1: Introduction And Goals Of The Firm

Section: Chapter Questions

Problem 1.6CE

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What is the Related Diversification of Alibaba Group: The Rise of a Platform Giant?
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