A Major Challenge to Global Positioning Systems in Providing Foreign-Exchange

question 2

Multiple Choice

A major challenge to Global Positioning Systems in providing foreign-exchange services to its clients is that ________.

• A) GPS lacks access to major foreign exchange quoting services
• B) GPS has to constantly upgrade the quality of the services it offers
• C) GPS cannot provide individualized attention to its customers, so it has to commoditize its product lines
• D) new regulations have stopped GPS from selling foreign-exchange services that compete with the banks