Banking · Retail Banking
Why was modularisation of processes considered crucial for retail banks?
- 1Because modularisation guarantees instant profits for banks
- 2Because modularisation ensures banks never need to invest in technology
- 3Because modularisation eliminates the need for customer interaction
- 4Because modularisation allows complex banking operations to be broken into manageable, adaptable units✓
Correct answer
Because modularisation allows complex banking operations to be broken into manageable, adaptable units
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