The Least Expensive Method for Banks to Interact with Their

question 39

Multiple Choice

The least expensive method for banks to interact with their customers is through:

• A) a vendor.
• B) phone calls.
• C) the Internet.
• D) an automated teller machine (ATM).
• E) a full-service teller.

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Definitions:

Cookies

Small files stored on a user's computer by web browsers that hold data related to the user's web browsing activities and preferences.

Collaborative Filters

A technique used in recommendation systems to predict the preferences of a user by collecting preferences or taste information from many users.

Individual Buyers

Consumers who purchase goods or services for personal use, not for manufacturing, resale, or commercial purposes.

Interactive Marketing

A marketing approach that involves a two-way interaction between a brand and its customers, often facilitated by digital tools.