When Banks Add New Services During the Maturity Stage,the Objective

question 43

Multiple Choice

When banks add new services during the maturity stage,the objective they are most likely trying to achieve is

• A)pruning items from the product line.
• B)generating cash flow.
• C)maintaining their market share.
• D)filling geographic gaps.
• E)increasing their share of the customer.

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Definitions:

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and satisfactory life, such as food, water, shelter, education, and healthcare.

Investment Climate

The economic, financial, and socio-political environment influencing the willingness and ability of individuals and firms to invest in a particular country or region.

Semiperipheral Countries

Nations that are midway between the core and periphery in the world economic system, showing characteristics of both developed and developing countries.

Peripheral Countries

Nations that are less developed economically and politically, often exploited by more developed countries.