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:

Quantity and Quality

Two dimensions used to evaluate performance or output, where quantity refers to the amount produced and quality to the standard of the finished product.

Organisational Outputs

The results or products that come as a consequence of the operations and processes of an organization.

Vertical Loading

A management technique that involves giving employees more responsibility and authority, enhancing their job role.

Periodic Reports

Reports generated at regular intervals to review and analyze performance, finances, or operations within an organization.