📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A bank reduces dependency on branch banking by

    strengthening mobile and internet banking channels. This primarily reflects:
    A Intensive distribution Correct Answer Incorrect Answer
    B Channel diversification Correct Answer Incorrect Answer
    C Harvesting strategy Correct Answer Incorrect Answer
    D Mass marketing Correct Answer Incorrect Answer
    E Product elimination Correct Answer Incorrect Answer

    Solution

    Using multiple channels reduces dependency on one distribution method.  Why Other Options Are Incorrect • A: Increasing number of intermediaries. • C: Decline strategy. • D: Broad targeting. • E: Removing products.  Banking Example: Omni-channel banking model.

    Practice Next
    ask-question