Which Industry Almost Exclusively Uses MICR

question 198

Multiple Choice

Which industry almost exclusively uses MICR?

• A)banking
• B)retail
• C)automobile manufacturing
• D)air transportation

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Definitions:

Customer Needs

The desires, requirements, or necessities that customers express, which can influence their purchasing decisions.

Empowerment

The process of increasing the capacity of individuals or groups to make choices and to transform those choices into desired actions and outcomes.

Service Provided

The assistance or work performed by a company for the benefit of its customers, can be tangible or intangible.

Customers

Individuals or entities that purchase goods or services from a business, essential for generating revenue and sustaining operations.