External Factors Affecting Market Entry and Servicing Strategies Are

question 70

Multiple Choice

External factors affecting market entry and servicing strategies are:

• A) Global industry analyses, market environment factors, competitive factors
• B) Competitive factors, learning and feedback, corporate resources
• C) Global industry analyses, corporate resources, market environment factors
• D) Managerial resources, competitive advantage factors, marketing and operating costs

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Definitions:

Excess Reserves

Excess reserves are the funds that banks hold over and above the required reserve ratio set by the central bank, representing additional liquidity that can be used for lending.

Checkable Deposits

Bank accounts against which checks can be drawn. These include checking accounts, demand deposits, and any other deposit accounts from which checks can be written.

Discount Rate

The interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.

Required Reserve Ratio

Percentage of deposits that must be held as vault cash and reserve deposits by all depository institutions.