You receive a birthday check from your grandmother in the mail. It is pouring down rain, and you really do not feel like leaving your dorm to go to the bank to deposit your check. You remember that your bank allows you to take a picture of the front and back of a check in order to deposit it into your account-all from your mobile phone. This example illustrates which innovation in banking?
A) Overdraft protection
B) Convenient deposit options
C) Increased access to funds
D) Real-time monitoring of funds
E) Online banking
Question 2 - The main disadvantage of internal recruiting is that:
A) there is always a lack of qualified candidates.
B) promoting an employee leaves another position to be filled.
C) it helps hold on to quality personnel.
D) job posting may be required.
E) it brings in unfamiliar ideas and perspectives.
Question 3 - It is Saturday night at 11:00 p.m., and you and your friends are going to see a midnight showing of the latest action-hero movie. You log on to your bank's website on your laptop, to check your balance to make sure you have enough money in your account to buy a movie ticket. This example illustrates which innovation in banking?
A) Overdraft protection
B) Increased access to funds
C) Convenient deposit options
D) Mobile-app banking
E) Real-time monitoring of funds
Question 4 - The process of attracting qualified job applicants is called:
A) development.
B) orientation.
C) selection.
D) training.
E) recruiting.
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