________ is the process of researching and developing profitable new products and services by financial institutions.
A)Financial engineering
B)Financial manipulation
C)Customer manipulation
D)Customer engineering

Question

Quizplus · Accepted Answer

Financial engineering refers to the process of researching and developing new financial products and services that can generate profits for financial institutions. This involves analyzing market trends, identifying customer needs, and designing and pricing innovative financial products to meet those needs. Financial manipulation and customer manipulation are unethical practices that involve exploiting loopholes or manipulating customers to achieve financial gain. Customer engineering is not a common term in the financial industry, and may refer to the process of designing products or services to meet customer needs.

________ Is the Process of Researching and Developing Profitable New