Refer to IT's About Business 9

question 35

Multiple Choice

Refer to IT's About Business 9.4 - Can Simple Disrupt Traditional Banking?: Simple was founded on the idea that __________________.

• A)traditional banks need to also have on online presence.
• B)traditional banks do not have to have to be accessible online to provide good customer service.
• C)traditional banks do not provide adequate online and mobile tools.
• D)traditional banks do not work in the Internet age.

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Definitions:

Mandarin Oranges

A small citrus fruit with a sweet flavor and easy-to-peel skin, often eaten fresh or used in salads.

Cable TV Service

A system of delivering television programming to consumers via radio frequency signals transmitted through coaxial cables or digital light pulses.

Interdependent Firms

Companies whose operations and outcomes are mutually influenced, typically seen in competitive markets where the actions of one firm affect the sales and strategies of others.

Oligopoly

An industry with only a small number of producers.