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

question 46

Multiple Choice

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

• A)Improved service quality, especially for customers of large banks.
• B)The rate of innovation of new products can be increased.
• C)FIs can more easily cross-market new and existing products to customers.
• D)Improved flexibility in financial transactions for retail customers.
• E)All of the above.

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Definitions:

Organ Systems

Groups of organs that work together to perform complex functions for the body.

Clinical Age

Age of the developing fetus from the time of the mother’s last menstrual period before pregnancy.

Conception

The process of fertilization where a sperm cell unites with an ovum, forming a zygote, marking the beginning of pregnancy.

Menstrual Period

The monthly cycle of changes in the ovaries and the lining of the uterus, leading to the shedding of the uterine lining and bleeding, known as menstruation.