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.

---

Definitions:

Transactional Leadership Behaviour

A style of management where leaders promote compliance by followers through both rewards and punishments.

Contingent Reward Behaviour

describes a leadership approach where the leader sets clear expectations and rewards followers for meeting those expectations.

Management By Exception

A management strategy where leaders only intervene when performance deviates from standards, allowing employees to work autonomously otherwise.

Charismatic Leaders

Individuals who possess a magnetic personality and the ability to inspire and motivate others through their vision, communication skills, and personal charisma.