LendingClub's Learning Curve on Business Transition

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main reasons for Lending Club's messy quarter?
A significant increase in loan originations
A goodwill write-down from an acquisition
A successful marketing campaign
A decrease in operational costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the market's initial reaction to the resignation of Lending Club's CFO?
The stock price was unaffected
The stock price reacted negatively
The stock price remained stable
The stock price increased significantly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Lending Club describe the resignation of their CFO?
As a response to investor pressure
As a planned resignation
As a result of financial misconduct
As a sudden and unexpected event
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge is Lending Club facing with its loan originations?
An increase in interest rates
A lack of investors like Alex
A decrease in loan application approvals
A surplus of investors like Jonathan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage did Lending Club's loan originations decrease by compared to the first quarter?
29%
35%
15%
50%
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