BASIC COMPUTER CONCEPTS
INFORMATION SYSTEMS VS INFORMATION TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When a bank uses information to launch a personalised credit card product this is example of ____
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manages risks
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creates a new opportunity
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adds value
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reduces costs
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Explanation:
Detailed explanation-1: -When a bank uses information to launch a personalised credit card product this adds value.
Detailed explanation-2: -A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit. It enables customers to make purchase transactions on goods and services.
Detailed explanation-3: -A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder’s accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).
There is 1 question to complete.