Examlex
_____ are often associated with a low-cost leader strategy, whereas, _____ are frequently an important aspect of a differentiation strategy.
Debit Card
Cards that tap directly into the depositor’s bank account to fund purchases; also called a check card.
Checking Account
A bank account that allows the account holder to access funds, make payments, and manage transactions with ease.
Excess Reserves
Bank reserves in excess of the required minimum, which can be lent out or invested.
Total Reserves
The sum of all deposits, including cash, bank deposits, and investable assets, held by a financial institution or country.
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