Which of the Following Statements Is True

question 50

Multiple Choice

Which of the following statements is true?

• A)FI's should invest in as much technology as possible as it will provide the FI with a competitive advantage.
• B)FI's need to strike a balance as both, too much and too little investment in technology can be bad for the FI.
• C)FI's should invest in as little technology as possible as these investments are too risky.
• D)Technology investments do not have an impact on the survival and profitability of the FI.

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Definitions:

External Locus of Control

The belief that one's success or failure is due to external factors outside their control.

Useless Studying

Useless studying refers to the act of engaging in study activities that do not effectively contribute to learning or understanding the material.

Social Cues

Signals and behaviors that guide interactions in social contexts, helping individuals navigate communicative and social nuances.

Informal Situations

Circumstances or environments where formalities are minimized or set aside, often characterized by casual and relaxed interactions.