High Net-Worth Customers Should Be Protected Because

question 3

Multiple Choice

High net-worth customers should be protected because:

• A)they make few demands on the organisation
• B)relationships cannot be built with them
• C)they cost little to service
• D)a and c
• E)a, b and c

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Definitions:

Financial Resources

The funds used to acquire the natural and human resources needed to provide products; also called capital.

Primary Funding

Primary Funding refers to the initial capital raised by a business or project from various sources such as equity, debt, or grants to finance its startup and initial operations.

Operations

The day-to-day activities involved in managing and controlling the processes of production or provision of services in an organization.