A. Examine the respective roles of transaction costs and asymmetric information in accounting for intermediation through financial institutions.
B. Explain how transaction costs and asymmetric information in credit markets have changed in the last 20 years and assess the impact of these changes on financial disintermediation.
Question 2
A) What would be the relevant performance measures and assessment tools and techniques for the business (and its various departments and outlets) that would be useful for reacting to the coronavirus.
B) For example, what are three tools or performance measures to provide that would be useful for the coronavirus situation. For each measure and tool, evaluate their effectiveness.