Which of the Following Is Considered to Be an Advantage

question 16

Multiple Choice

Which of the following is considered to be an advantage of branch banking?

• A)Increased availability and convenience of services
• B)Decreased chance of failure
• C)Reduced transaction costs
• D)Decreased chance of failure and reduced transaction costs
• E)All the options are correct

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Definitions:

Leverage/Commodity Items

The strategic use of commodity items, which are basic goods used in commerce that are interchangeable with other goods of the same type, to gain an advantage in negotiations or cost efficiency.

Bottleneck Items

Goods or components in the supply chain that slow down production or delivery due to their limited availability or high demand.

Cost Management

The process of planning and controlling the budget of a business or project, focusing on reducing expenses to improve profitability.

Internal Demand Analysis

The process of assessing the demand for a company's products or services within the company itself, often for budgeting or planning purposes.