Which of the Following Is Not a Characteristic of the Banking

question 17

Multiple Choice

Which of the following is not a characteristic of the banking system in the 2000s?

• A)Geographic barriers to the provision of financial services are disappearing.
• B)FIs are more automated.
• C)Securitization is decreasing.
• D)FIs are becoming less specialized.

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Definitions:

Production Efficiencies

The maximization of output from a given set of inputs through optimal allocation of resources and processes in manufacturing or production.

GE Business Screen

A strategic planning tool similar to the BCG matrix, developed by General Electric, used for assessing the various business units or products in a company's portfolio.

Industry Attractiveness

The measure of a market's or industry's potential for profitability and growth, influencing investment and strategy decisions by businesses.

Technological Advantage

The benefit gained by using more advanced technology, which can lead to improved efficiency, productivity, or quality.