The Banking Industry Has Implemented Several Competitive Advantages,including ATMs,online Bill-Pay

question 47

Multiple Choice

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 ___________ competitive advantages.

• A) acquiring new technology products and services
• B) hiring new employees
• C) reducing expenses
• D) gaining invaluable feedback from customers

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Definitions:

Online Questionnaires

Surveys or forms distributed via the internet to collect data from respondents for various purposes.

Anonymity

The condition of being anonymous, where an individual's identity is not known or disclosed.

Identity Verification

The process of validating the identity of an individual or entity, often used in security and legal contexts.

Feminine Identities

Aspects of identity and self-perception that are associated with feminine characteristics or roles.