How Can the Operating Income of an FI Be Increased

question 12

Multiple Choice

How can the operating income of an FI be increased by improved technological efficiency?

• A)By improving the efficiency of management of information flows.
• B)By obtaining access to low cost sources of funds.
• C)By linking services to the quality of the FI's technology.
• D)By innovating new interest-earning products.

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Definitions:

Loosely Associated

A term describing things or ideas that are related in a vague or indirect way, not tightly connected or integrated.

Adolescent Friendships

Social relationships during the teenage years that play a critical role in emotional development and can influence behavior and identity.

Intimate

Characterized by a close, personal, and often affectionate or loving relationship, whether emotional, physical, or both.

Cognitive Frames

Cognitive frames are mental structures that shape the way individuals perceive and interpret information.