shamiyahdixon3158 shamiyahdixon3158
  • 03-10-2017
  • Business
contestada

Rumors of a bank failing, even if not true, can become a self-fulfilling prophecy because:

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hannahl52
hannahl52 hannahl52
  • 03-10-2017
People will deploy from that bank and move to another bank to remain safe- if they believe the rumor. People usually believe rumors if they hear them enough while some people actually seek evidence and finding the truth vs the lie( or misassumption). For those people they will stay employed with that bank or at least give the bank the benefit of the doubt.

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