Because Banks Have a Very Large Pool of Buyers and Savers,it

question 136

Multiple Choice

Because banks have a very large pool of buyers and savers,it can:

• A)act as an intermediary between buyers and sellers.
• B)provide liquidity to individuals.
• C)diversify the risk of saving and borrowing for individuals.
• D)With access to such large pools of people,banks can provide all these things.

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Definitions:

Target Audience

The target audience is the specific group of consumers identified by marketers as the most likely purchasers of a product or service, often defined by demographic characteristics.

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors such as purchasing patterns, brand interactions, and product usage.

Frequent-Flyer Programs

Loyalty programs offered by airlines to reward customers for their repeat business with benefits such as free flights.

Same Airline

Referring to flight bookings, services, or policies that apply when all legs of a journey are operated by the same airline company.