How Can Operating Income of an FI Be Increased by Improved

question 51

Multiple Choice

How can operating income of an FI be increased by improved technological efficiency?

• A) By improving the efficiency of management of information flows.
• B) By obtaining access to low cost sources of funds.
• C) By linking services to the quality of the FI's technology.
• D) By innovating new interest earning products.

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Definitions:

Unpleasantness

The quality of being disagreeable or difficult to endure, often used to describe undesirable experiences or sensations.

Deserved

Warranted or merited due to actions or qualities.

Law Enforcement

A mechanism where society's members behave in a structured way to uphold the law through identifying, preventing, rehabilitating, or penalizing individuals who breach the regulations and norms that oversee that society.

Utilitarian

A philosophical principle that actions are right if they are useful or for the benefit of a majority.