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The Banking Industry Has Implemented Several Competitive Advantages Including ATMs

question 144

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The banking industry has implemented several competitive advantages including ATMs, online bill pay services, and electronic statements.Of course, these competitive advantages were quickly duplicated by any competitor that wanted to remain in the banking industry.These were all examples of which competitive advantage?


Definitions:

Intellectual Functioning

A measure of a person's ability to think, reason, solve problems, and understand complex ideas.

Intellectual Disability

A state defined by notable restrictions in intellectual abilities as well as in adaptive conduct, encompassing various common social and practical abilities.

IQ Score

A numerical measure of an individual's intelligence relative to a statistically standard population, usually based on the results of various cognitive tests.

Severe Intellectual Disability

A significant limitation in intellectual functioning and adaptive behavior, manifesting before 18 years of age.

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