In Terms of Profitability, a Well-Run Bank Usually Has an ROA

question 32

Multiple Choice

In terms of profitability, a well-run bank usually has an ROA of

• A) 0.5-3%
• B) 3-5%
• C) 5-10%
• D) 10-15%
• E) 15-20%

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Definitions:

Sales Promotion

A promotional approach that employs immediate rewards to motivate buying or selling a product or service.

Direct Marketing

A form of advertising where companies directly communicate with potential customers through various mediums.

Public Relations

The practice of strategic communication that enhances beneficial ties between organizations and the people they serve.

Promotion Decision Process

The sequence of steps a company follows to plan and execute marketing strategies to increase awareness or sales of a product or service.