Question Tag: Challenges

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SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services

Explain any four challenges to the distribution of bank services in the context of preparing a paper for the Branch Development Committee.

Question

A distribution channel for services can be defined as any means of increasing the availability or accessibility of a service. As a Head of Marketing of your Bank, your Bank’s Chairman of Branch Development Committee has asked you to submit a paper to explain any four challenges to the distribution of Bank services.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Services, Branch Development, Challenges, Distribution Channels, Financial Services, Marketing Mix, Service Accessibility
Level: Level 4

Topic: DISTRIBUTION: OTHER CHANNELS, MARKETING CHANNELS
Series: October 2022

EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access

Explain five challenges rural dwellers face in accessing finance from universal banks.

Question

State and explain any five challenges faced by Rural dwellers in accessing finance from Universal banks.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Finance Access, Ghanaian Banking, Rural Banking, universal banks
Level: Level 1

Topic: Development and the Banking System
Series: OCT 2022

MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group

Analyze the challenges faced by Vodafone Ghana leading to its sale and assess the investment attractions in Ghana for the acquiring Telecel Group.

Question

Vodafone Ghana, formerly Ghana Telecom, was the national telecommunications company of Ghana. The company in Ghana operates under Vodacom Group – Africa’s leading mobile telecommunications company.

MyJoyOnline.com, Wednesday, February 22, 2023, has reported that Vodafone, an MNC has just completed the sale of $70 %$ Shareholdings to Telecel Group on the Ghanaian telecom industry market. According to Henry Cobbblh, Lead, i Solve Africa, the sale is as a result of the challenges and difficulties that Vodafone Ghana is having on the Ghanaian market.

Required:

(a) In your opinion, what do you think are these challenges and difficulties that Vodafone was having, in spite of the numerous opportunities and potentials existing in Ghana? (15 marks)

(b) Assess the likely investment attraction in Ghana to the Telecel Group (15 marks)

(Total: 30 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Difficulties, Investment Attraction, Multinational Corporations, Telecel Group, Telecom Industry, Vodafone Ghana
Level: Level 4

Topic: Private Equity Transactions
Series: APR 2023

EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking

Discuss four challenges banks face with electronic banking.

Question

State and discuss any four challenges or drawbacks banks face with electronic banking.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Digital Banking, Drawbacks, Electronic Banking, Ghana, Risks
Level: Level 1

Topic: FRAUDS IN E-BANKING ENVIRONMENT
Series: APR 2023

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors

Advise on factors for in-house vs. commercial software and success factors for new core banking project.

Question

The executives of a bank have decided to change their existing core banking application and introduce a new one. In its quest to minimize the challenges associated with the introduction of new systems, you have been engaged by the bank to advise management on the following.

a) The factors that management must take into consideration in either developing the software in-house or purchasing a commercial application. [10 Marks] CIB GH 04-23 BANK STRATEGIC INFORMATION MANAGEMENT LEVEL III Page 3

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Core Banking Application, In-House Development, project success, purchase
Level: Level 3

Topic: IT investment decisions; Implementing change; Business analysis
Series: APR 2023

BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan

Discuss challenges banks face without a clear digital marketing plan.

Question

Banks and other financial institutions have digitalized many of their processes and operations, including sales and marketing activities. Various electronic marketing strategies are being pursued by banks using digital platforms. Discuss five (5) challenges that such banks may encounter when there is a lack of a clear digital marketing plan.

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: banking digitalization, Challenges, Digital Marketing, Electronic Strategies
Level: Level 3

Topic: Internet as a strategic business tool; Channel banking strategy; Marketing
Series: APR 2023

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

Question

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Commercial Purchase, Core Banking Application, In-House Development, Measures, Success Factors
Level: Level 3

Topic: IT investment decisions
Series: APR 2023

BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan

Discuss five challenges banks face without a clear digital marketing plan

Question

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banks, Challenges, Digital Marketing, Electronic Strategies, Operations, Sales
Level: Level 3

Topic: managing an efficient and profitable mix of delivery channels
Series: APR 2023

BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

Question

a) Describe the main features of Internet of Things (IOT) technology. [10 Marks

b) Describe two use cases of IOT technology in modern banking activities and operations, and discuss the major challenges associated with the adoption and use of IOT technology in banking. [10 Marks

Answer

Find Related Questions by Tags, levels, etc.

Tags: Adoption, Banking Operations, Challenges, Features, IoT Technology, Use Cases
Level: Level 3

Topic: Impact of emerging technology on financial service delivery
Series: APR 2023

BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products

Identify and explain five items each on assets and liabilities sides of a bank's balance sheet; explain five benefits and challenges of digital payment channels in Ghana; mention five products driving digital payments.

Question

a) Identify and explain five (5) items each contained on the assets and liabilities sides of a bank’s balance sheet.

[5 marks]

b) Digital channels of payment in Ghana are gradually replacing the cash-based methods of payment. Explain five (5) benefits and challenges of the digital channels of payment.

[10 marks]

c) Mention five (5) products that support and drive the digital channels of payment in Ghana.

[5 marks]

[Total: 20 marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Balance Sheet Assets, Benefits, Challenges, Digital Payment Channels, Digital Products Ghana, Liabilities
Level: Level 3

Topic: Regulation of investment business within Ghana
Series: APR 2023

SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services

Explain any four challenges to the distribution of bank services in the context of preparing a paper for the Branch Development Committee.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Services, Branch Development, Challenges, Distribution Channels, Financial Services, Marketing Mix, Service Accessibility
Level: Level 4

Topic: DISTRIBUTION: OTHER CHANNELS, MARKETING CHANNELS
Series: October 2022

EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access

Explain five challenges rural dwellers face in accessing finance from universal banks.

Question

State and explain any five challenges faced by Rural dwellers in accessing finance from Universal banks.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Finance Access, Ghanaian Banking, Rural Banking, universal banks
Level: Level 1

Topic: Development and the Banking System
Series: OCT 2022

MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group

Analyze the challenges faced by Vodafone Ghana leading to its sale and assess the investment attractions in Ghana for the acquiring Telecel Group.

Question

Required:

(a) In your opinion, what do you think are these challenges and difficulties that Vodafone was having, in spite of the numerous opportunities and potentials existing in Ghana? (15 marks)

(b) Assess the likely investment attraction in Ghana to the Telecel Group (15 marks)

(Total: 30 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Difficulties, Investment Attraction, Multinational Corporations, Telecel Group, Telecom Industry, Vodafone Ghana
Level: Level 4

Topic: Private Equity Transactions
Series: APR 2023

EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking

Discuss four challenges banks face with electronic banking.

Question

State and discuss any four challenges or drawbacks banks face with electronic banking.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Digital Banking, Drawbacks, Electronic Banking, Ghana, Risks
Level: Level 1

Topic: FRAUDS IN E-BANKING ENVIRONMENT
Series: APR 2023

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors

Advise on factors for in-house vs. commercial software and success factors for new core banking project.

Question

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Core Banking Application, In-House Development, project success, purchase
Level: Level 3

Topic: IT investment decisions; Implementing change; Business analysis
Series: APR 2023

BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan

Discuss challenges banks face without a clear digital marketing plan.

Question

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: banking digitalization, Challenges, Digital Marketing, Electronic Strategies
Level: Level 3

Topic: Internet as a strategic business tool; Channel banking strategy; Marketing
Series: APR 2023

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

Question

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Commercial Purchase, Core Banking Application, In-House Development, Measures, Success Factors
Level: Level 3

Topic: IT investment decisions
Series: APR 2023

BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan

Discuss five challenges banks face without a clear digital marketing plan

Question

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banks, Challenges, Digital Marketing, Electronic Strategies, Operations, Sales
Level: Level 3

Topic: managing an efficient and profitable mix of delivery channels
Series: APR 2023

BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

Question

a) Describe the main features of Internet of Things (IOT) technology. [10 Marks

b) Describe two use cases of IOT technology in modern banking activities and operations, and discuss the major challenges associated with the adoption and use of IOT technology in banking. [10 Marks

Answer

Find Related Questions by Tags, levels, etc.

Tags: Adoption, Banking Operations, Challenges, Features, IoT Technology, Use Cases
Level: Level 3

Topic: Impact of emerging technology on financial service delivery
Series: APR 2023

BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products

Identify and explain five items each on assets and liabilities sides of a bank's balance sheet; explain five benefits and challenges of digital payment channels in Ghana; mention five products driving digital payments.

Question

a) Identify and explain five (5) items each contained on the assets and liabilities sides of a bank’s balance sheet.

[5 marks]

b) Digital channels of payment in Ghana are gradually replacing the cash-based methods of payment. Explain five (5) benefits and challenges of the digital channels of payment.

[10 marks]

c) Mention five (5) products that support and drive the digital channels of payment in Ghana.

[5 marks]

[Total: 20 marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Balance Sheet Assets, Benefits, Challenges, Digital Payment Channels, Digital Products Ghana, Liabilities
Level: Level 3

Topic: Regulation of investment business within Ghana
Series: APR 2023

Question Tag: Challenges

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SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services

Explain any four challenges to the distribution of bank services in the context of preparing a paper for the Branch Development Committee.

You're reporting an error for "SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services"

EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access

Explain five challenges rural dwellers face in accessing finance from universal banks.

You're reporting an error for "EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access"

MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group

Analyze the challenges faced by Vodafone Ghana leading to its sale and assess the investment attractions in Ghana for the acquiring Telecel Group.

You're reporting an error for "MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group"

EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking

Discuss four challenges banks face with electronic banking.

You're reporting an error for "EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking"

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors

Advise on factors for in-house vs. commercial software and success factors for new core banking project.

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors"

BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan

Discuss challenges banks face without a clear digital marketing plan.

You're reporting an error for "BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan"

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase"

BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan

Discuss five challenges banks face without a clear digital marketing plan

You're reporting an error for "BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan"

BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

You're reporting an error for "BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking"

BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products

Identify and explain five items each on assets and liabilities sides of a bank's balance sheet; explain five benefits and challenges of digital payment channels in Ghana; mention five products driving digital payments.

You're reporting an error for "BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products"

SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services

Explain any four challenges to the distribution of bank services in the context of preparing a paper for the Branch Development Committee.

You're reporting an error for "SMM – OCT 2022 – L4 – Q6 – Challenges in Distribution of Bank Services"

EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access

Explain five challenges rural dwellers face in accessing finance from universal banks.

You're reporting an error for "EOB – OCT 2022 – L1 – Q2 – Challenges in Rural Finance Access"

MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group

Analyze the challenges faced by Vodafone Ghana leading to its sale and assess the investment attractions in Ghana for the acquiring Telecel Group.

You're reporting an error for "MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group"

EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking

Discuss four challenges banks face with electronic banking.

You're reporting an error for "EOB – APR 2023 – L1 – Q7 – Challenges in Electronic Banking"

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors

Advise on factors for in-house vs. commercial software and success factors for new core banking project.

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development and Success Factors"

BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan

Discuss challenges banks face without a clear digital marketing plan.

You're reporting an error for "BSIM – APR 2023 – L3 – Q4 – Challenges of Lacking Digital Marketing Plan"

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase"

BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan

Discuss five challenges banks face without a clear digital marketing plan

You're reporting an error for "BSIM – APR 2023 – L3 – Q4 – Challenges of Digital Marketing Without a Plan"

BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

You're reporting an error for "BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking"

BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products

Identify and explain five items each on assets and liabilities sides of a bank's balance sheet; explain five benefits and challenges of digital payment channels in Ghana; mention five products driving digital payments.

You're reporting an error for "BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products"

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