Location,service quality and breadth,bank specialties,_____________,and _______________ are the major factors companies evaluate banks on when first establishing a banking relationship.

Question

Quizplus · Accepted Answer

Location, service quality, and breadth (which refers to the variety and quality of services provided), bank specialties (such as expertise in certain industries or financial products), bank/company fit (compatibility in values, culture, and strategic goals), and price (cost and fees for services) are all important factors for companies when choosing a bank. Option A correctly lists four of these factors, while option B only mentions one factor (knowledge of cash management personnel) and option C only focuses on lending arrangements with the bank. Option D mentions bank size and experience in cash management, but these are just two of many factors companies consider.

Location,service Quality and Breadth,bank Specialties,_____________,and _______________ Are the Major Factors

Location,service Quality and Breadth,bank Specialties,_,and ___ Are the Major Factors