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The Banking Industry Was a Good Candidate for Disruption by Person-To-Person

Question 53

Multiple Choice

The banking industry was a good candidate for disruption by person-to-person (P2P) technology and disintermediation by ZOPA because:


A) the industry offers a widely-needed service.
B) of fierce competition and low barriers to entry.
C) the industry was making huge profit margins off customers.
D) the industry had small profit margins.

Correct Answer:

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