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The Banking Industry Has Implemented Several Competitive Advantages,including ATMs,online Bill-Pay

question 114

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The banking industry has implemented several competitive advantages,including ATMs,online bill-pay services,and electronic statements.Of course,these competitive advantages were quickly duplicated by any competitor that wanted to remain in the banking industry.These are examples of ___________.


Definitions:

Clay

A natural, earthy material known for its plasticity when wet, used in ceramics and as a key component of soil.

Vascular Plants

Plants that have specialized structures for the transport of water and nutrients, including xylem and phloem.

Silurian Period

A geologic period and system that extends from about 443.8 million to 419.2 million years ago, noted for significant biological developments including the appearance of the first clearly identifiable land plants.

Air-breathing Animals

Organisms that intake oxygen from the air to the lungs or other special respiratory organs to sustain life.

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