FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357685594
Author: Pride
Publisher: CENGAGE L
expand_more
expand_more
format_list_bulleted
Question
Chapter 16.4D, Problem 2CC
Summary Introduction
To determine: The major advantages of electronic banking services.
Introduction: Electronic banking is an account of use of computers and telecommunications to empower online banking operations to be finished by phone or computers as opposed to through human connection.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Why is mobile technology potentially important to the banking industry?
Impact of electronic banking on customer satisfaction?
How can businesses effectively manage and track their financial transactions to ensure accuracy, efficiency, and compliance?
Chapter 16 Solutions
FOUNDATIONS OF BUSINESS
Ch. 16.1B - Prob. 1CCCh. 16.1B - Prob. 2CCCh. 16.2C - Prob. 1CCCh. 16.2C - Prob. 2CCCh. 16.3B - Prob. 1CCCh. 16.3B - Prob. 2CCCh. 16.3B - Prob. 3CCCh. 16.3B - Prob. 4CCCh. 16.4D - Prob. 1CCCh. 16.4D - Prob. 2CC
Ch. 16.4D - Prob. 3CCCh. 16.5C - Prob. 1CCCh. 16.5C - Prob. 2CCCh. 16.5C - Prob. 3CCCh. 16.5C - Prob. 4CCCh. 16.6C - Prob. 1CCCh. 16.6C - Prob. 2CCCh. 16.6C - Prob. 3CCCh. 16.7C - Prob. 1CCCh. 16.7C - Prob. 2CCCh. 16.7C - Prob. 3CCCh. 16 - Prob. 1DQCh. 16 - Prob. 2DQCh. 16 - Prob. 3DQCh. 16 - Prob. 4DQCh. 16 - Prob. 5DQCh. 16 - Prob. 6DQ
Knowledge Booster
Similar questions
- What is the role of technology in banking?arrow_forwardWhat are the types of RIBA and GHARAR? Which types of Riba and Gharar are found in conventional banking transactions? Give at least one example of each from your daily life/banking industry.arrow_forwardWhat is the importance of using a strong password and other authentication factors in internet banking?arrow_forward
- Discuss, with appropriate examples, the effects associated with the risks faced by Corporate and Merchant Banks (CMBs) in their business operations.arrow_forwardCompare the customer segments of onshore and offshore private banking.arrow_forwardWhat are the good practices in using Online Banking or E-Payments?arrow_forward
- How does working with financial institutions to recover debts and ensure that financial operations function smoothly be beneficial to a companyarrow_forwardWhat are four questions that banking officials and investors are interested in when reviewing your business planarrow_forwardWhat are the key functions of compliance and risk management, and discus with a detailed explanation how it relates to bankingarrow_forward
- Liquidity risk is very serious for all institutions, how it is much more dangerous in banking sector?arrow_forwardWhy are many companies interested in blockchainand other distributed ledger technologies?arrow_forwardThink about the factors involved in each of the situations below. Solve the problems by applying the concepts in Chapter 18. Where can your firm find financing? Prepare your initial discussion by providing a detailed response with at least three paragraphs. Your company needs a new copy machine quickly. The high-volume, multifeatured model you want costs $3,000, but your small business doesn’t have that much cash on hand right now and doesn’t want to borrow at this time.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning