E-banking Management

Which electronic banking service allows customers to handle banking transactions via their personal computer, including viewing account balances, transferring funds, and paying bills electronically?

• Automated Teller Machine (ATM)

• Internet Banking

• E-banking

• Tele Banking

T/F:

The emergence of the "digital economy" has shifted the balance of power away from customers, making it harder for them to demand value, customization, lower costs, and quick service.

• True

• False

Answer explanation

The statement contradicts the given information, which states that the balance of power is shifting towards customers in the digital economy, leading to increased demands for value, customization, lower costs, and quicker service.

What horoscope sign is a fish?

(a)  

Match the following definitions to their corresponding term:

1. 1. Stored value or prepaid payment mechanisms

2. 2. Providing banking products and services through electronic delivery channels

3. 3. Providing financial services through electronic channels

4. 4. Conducting business through electronic networks

• 1. 1. E-Money

  2. 2. E-Banking

  3. 3. E-Finance

  4. 4. E-Commerce

• 1. 1. E-Money

  2. 2. E-Finance

  3. 3. E-Banking

  4. 4. E-Commerce

• 1. 1. E-Money

  2. 2. E-Finance

  3. 3. E-Commerce

  4. 4. E-Banking

• 1. 1. E-Banking

  2. 2. E-Money

  3. 3. E-Finance

  4. 4. E-Commerce

Answer explanation

1. 1. E-Money: Stored value or prepaid payment mechanisms

2. 2. E-Banking: Providing banking products and services through electronic delivery channels

3. 3. E-Finance: Providing financial services through electronic channels

4. 4. E-Commerce: Conducting business through electronic networks

UNSCRAMBLE:

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(two words but don't put a space on your answer)

(a)  

Which electronic banking service involves using an unattended electronic machine in a public place to access bank accounts, make cash withdrawals, and perform other banking services?

• Automated Teller Machine (ATM)

• Internet Banking

• Tele Banking

• E-banking

T/F:

The fast advancing global information infrastructure, including the internet and telecommunications systems, enables the development of electronic commerce at a global level.

• False

• True

Answer explanation

The statement highlights how the global information infrastructure facilitates the growth of electronic commerce worldwide, emphasizing the importance of connectivity provided by the internet and other telecommunications systems.

Which payment method operates like cash or a personal check, with the money deducted directly from the user's checking or savings account?

• Smart Card

• Debit Card

• E-cheque

• Credit Card

What do they call the Japanese government-issued war notes used during the Japanese occupation?

" _i___ __u__ money "

(a)  

UNSCRAMBLE:

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(three words but don't put spaces on your answer)

(a)