In the 1970s, ATMs for banks were introduced. Today, customers assume that all banks have access to an ATM network. Which of the following would be true about the banking industry? A) In the 1970s, ATMs provided competitive advantage, today they are a barrier to entry B) In the 1970s, ATMs were a barrier to entry, today they are provide competitive advantage OC) In the 1970s, ATMs reduced supplier power, today they increase supplier power D) In the 1970s, ATMs increased the threat of substitution, today they decrease the threat of substitution E) In the 1970s, ATMs decreased the threat of substitution, today they increase the threat of substitution

In the 1970s, ATMs for banks were introduced. Today, customers assume that all banks have access to an ATM network. Which of the following would be true about the banking industry? A) In the 1970s, ATMs provided competitive advantage, today they are a barrier to entry B) In the 1970s, ATMs were a barrier to entry, today they are provide competitive advantage OC) In the 1970s, ATMs reduced supplier power, today they increase supplier power D) In the 1970s, ATMs increased the threat of substitution, today they decrease the threat of substitution E) In the 1970s, ATMs decreased the threat of substitution, today they increase the threat of substitution

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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