Which of the Following Statements Is True

question 50

Multiple Choice

Which of the following statements is true?

• A)FI's should invest in as much technology as possible as it will provide the FI with a competitive advantage.
• B)FI's need to strike a balance as both, too much and too little investment in technology can be bad for the FI.
• C)FI's should invest in as little technology as possible as these investments are too risky.
• D)Technology investments do not have an impact on the survival and profitability of the FI.

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Definitions:

Monthly-plus Church Attendance

Monthly-plus church attendance describes the practice of going to church services more than once a month, indicating a higher level of religious engagement or commitment.

Born in Canada

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Born Outside of Canada

A demographic term referring to individuals who were born in a country other than Canada, regardless of their current citizenship or residency status.

Age Groups

Categories of people defined by age, where individuals within the same category share similar characteristics, interests, or developmental stages.