Which of the Following Is a Major Difference Between Internet

question 104

Multiple Choice

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

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

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Definitions:

Telecommuting

The practice of working from a location outside the traditional office environment, often from home, facilitated through digital communication tools.

Information Technology

Refers to the use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Declining Numbers

A trend or situation characterized by a gradual decrease in quantity or quality over time.

Casual Workers

Employees who have no guaranteed hours of work and whose employment is based on an as-needed basis.