What was the primary focus of many financial firms involved in the 2008/10 financial crisis?
A. human resources
B. short-term profits
C. customer service
D. long-range returns
Answer:B
What was the primary focus of many financial firms involved in the 2008/10 financial crisis?
A. human resources B. short-term profits C. customer service D. long-range returns
Explanation: B) Companies that focused on short-term profits seemingly to the exclusion of everything else were the culprits of the 2008/10 financial crisis. Other organizations had a steady moral compass and went safely through it. Charles Schwab & Co. and US Bancorp have largely avoided the financial disaster because they both focus on customer service, honesty, and transparency.