Which of the following statements is true?
A)FI's should invest in as much technology as possible as it will provide the FI with a competitive advantage.
B)FI's need to strike a balance as both, too much and too little investment in technology can be bad for the FI.
C)FI's should invest in as little technology as possible as these investments are too risky.
D)Technology investments do not have an impact on the survival and profitability of the FI.

Question

Quizplus · Accepted Answer

Too much investment in technology can lead to high costs and potential inefficiencies, while too little investment can result in falling behind competitors. Striking a balance is important to ensure that the FI stays competitive and efficient.

Which of the Following Statements Is True