As Banks Have Increased the Use of Technology Over the Past

question 107

Multiple Choice

As banks have increased the use of technology over the past 20 years,

• A)noninterest income as a percent of total operating income has approximately doubled.
• B)there has been a decrease in the importance of both Fedwire and CHIPS.
• C)there has been an increase in negative net present value because of the speed in which rivals can replicate innovations.
• D)banks no longer need to consolidate because they can access customers worldwide through internet services.
• E)noninterest expense as a percent of total operating income has decreased as supporting branch banking has decreased in importance.

Delineate the characteristics and assumptions underlying the Resource-Based View.

Comprehend the impact of competitive advantage on firm performance, including cost reduction and increased pricing power.

Gain insights into the Industrial Organization (IO) perspective on industry structure, performance, and competitive advantage.

Understand the limitations of competitive models and strategies in providing sustainable competitive advantage.