It Now Appears That the Predominant Delivery System for Banking

question 61

Multiple Choice

It now appears that the predominant delivery system for banking services in the future will be

• A) Internet-only banks.
• B) traditional banks.
• C) traditional banks supplemented with online services.
• D) none of the above.

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Definitions:

Layoff Strategies

Methods and policies an organization employs to reduce its workforce for reasons such as cost reduction, restructuring, or downsizing.

Early Retirement

An option that allows employees to retire before the traditional retirement age, often with a proportionately reduced pension benefit.

Part-time Workers

Employees who work fewer hours than a full-time schedule, typically under 35 hours a week.

Labour Costs

The total financial costs associated with employing workers, including wages, salaries, benefits, and other related expenses.