Which of the Following Accurately Presents a Major Difference Between

question 21

Multiple Choice

Which of the following accurately presents a major difference between Internet banks and traditional banks?

• A)The government does not regulate Internet banks.
• B)Traditional banks are prohibited from having ATMs.
• C)Internet banks have lower overhead costs.
• D)Traditional banks offer less personal care and attention to customers.

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Definitions:

Strategic Marketing Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.

Control Phase

The part of the strategic marketing planning process when managers evaluate the performance of the marketing strategy and take any necessary corrective actions.

Societal Issues

Challenges or problems that affect a large portion of society, which may include subjects like poverty, education, and environmental degradation.

Marketing Ethics

The area of applied ethics dealing with the moral principles behind the operation and regulation of marketing.