Technological Risk

question 22

Multiple Choice

Technological risk:

• A)can only lead to an FI's short-term distress
• B)refers to the scenario that technological investments produce the anticipated cost savings
• C)can result in major losses and the long-term viability of the FI
• D)refers to the scenario that technological investments do not produce the anticipated savings, and can cause major losses and impact on the viability of the FI

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Definitions:

Immigrants

People who have moved to a new country with the intention of settling there, often in search of better living conditions, employment, or safety.

Liberties

The absence of constrictive control by governing bodies on an individual’s lifestyle, behaviors, or political perspectives in a societal setting.

Anglicization

The process of adopting English culture, language, or norms, often in the context of colonized societies integrating with or being influenced by English settlers or governance.

Colonial Elites

Individuals or families of significant economic, social, and political influence during the colonial period, often landowners or officials.