BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Banks are dealing a large number of commodities and services and facing a strong competition to attract
A
potential customers
B
potential buyers
C
potential employees
D
potential sellers
Explanation: 

Detailed explanation-1: -Content Marketing: Creating content that is valuable to your audience is an effective way to reach new prospects while providing useful resources that improve engagement with existing customers. This is an effective digital marketing strategy used by banks to promote nearly any product or service.

Detailed explanation-2: -What is the Bargaining Power of Buyers? The Bargaining Power of Buyers, one of the forces in Porter’s Five Forces Industry Analysis framework, refers to the pressure that customers/consumers can put on businesses to get them to provide higher quality products, better customer service, and/or lower prices.

Detailed explanation-3: -Islamic banking refers to a system of banking that complies with Islamic law also known as Shariah law. The underlying principles that govern Islamic banking are mutual risk and profit sharing between parties, the assurance of fairness for all and that transactions are based on an underlying business activity or asset.

There is 1 question to complete.