Characteristics of ING Direct's Competitive Strategy Include All of the Following

question 51

Multiple Choice

Characteristics of ING Direct's competitive strategy include all of the following except:

• A)paid the highest rates on savings accounts
• B)invested heavily in marketing campaigns
• C)could not be copied by competitors
• D)had almost no bricks and mortar

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Definitions:

Individual Inequity

The unequal distribution of resources, opportunities, and treatment experienced by individuals based on various personal attributes.

Stratification

The hierarchical arrangement of individuals or groups in society on the basis of social, economic, or other distinctions.

Noneconomic Dimension

Aspects of life or society not directly related to economic activities, including cultural, social, and emotional factors.

Religion

A set of beliefs, practices, and moral values centered around questions of existence, the nature of the universe, and spiritual experiences, often involving worship of a higher power or powers.