Business models of retail banking are being drawn based on various
aspects. In this context which one of the following aspects is incorrect?
O Product
O Capacity
O Dellvery Channels
Technology
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Answer:
delivery channels
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- Delivery Channels Technology
Retail banks must concentrate on their strengths in context of the present challenges. A bank's business model is defined by two main strengths: firstly, a clear customer centricity, and secondly, a strong value chain emphasis. There are as many different sorts of marketing strategies as there are different kinds of businesses. Traditional company strategies include direct selling, franchise, advertising-based, and brick-and-mortar storefronts, to name a few.
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