The Delivery of Financial Services Electronically Is Called

question 1

Multiple Choice

The delivery of financial services electronically is called

• A)e-business.
• B)e-commerce.
• C)e-finance.
• D)e-possible.

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Definitions:

Share Of Wallet

The proportion of a customer's total spending that is captured by a business, indicating the customer's loyalty and the effectiveness of the company's marketing.

Customer Loyalty

The likelihood of previous customers to continue purchasing from a specific retailer or brand over time.

Purchases

The act of buying goods or services, an exchange of money for ownership or use.

Private-label Brands

Brands that are owned by retailers or suppliers, not the manufacturers, but are produced by third parties.