Which of the Following Are Potential Benefits of Technology for an FI

question 35

Multiple Choice

Which of the following are potential benefits of technology for an FI?

• A) Service quality, especially for customers of large banks.
• B) The rate of innovation of new products has increased.
• C) FIs can more easily cross-market new and existing products to customers.
• D) All of the listed options are correct.

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Definitions:

Gordon Allport

An influential psychologist known for his work on personality theory and the concept of personal traits.

Adolf Hitler

The leader of Nazi Germany from 1934 to 1945, known for his central role in the initiation of World War II and the Holocaust.

Five Factor Model

A model developed to describe human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

McCrae

Refers to Robert R. McCrae, co-developer of the Five-Factor Model of personality, which outlines the basic dimensions of human personality traits.