How Can Interest Income of an FI Be Increased by Improved

question 29

Multiple Choice

How can interest 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:

Brand Personalities

Human characteristics or traits attributed to a brand that shapes consumers' perceptions and relationships with the brand.

Quantitative Analysis

The process of using statistical and mathematical models to evaluate and analyze numerical data.

Frequent Buyer

A customer who regularly purchases from the same brand, shop, or service provider, often benefiting from loyalty programs.

Price Sensitivity

The degree to which the demand for a product is affected by changes in its price.