2023 BOI LII Quiz: Monday, 10.9.23 Question Title * 1. Your name. Question Title * 2. When developing a strategic direction, one should keep in mind that banking is a risk business. Those general risk areas include which of the following? Financial risks Management risks Operational risks All of the above Question Title * 3. When developing a strategic plan, one should consider the types of forces that are going to affect that organization during the plan period. Those include the following: Proximity forces Remote forces Only "A" above Both "A" and "B" Question Title * 4. Competitive analysis requires analyzing the traits of your bank as well as its direct competitors including: Strengths Weaknesses Opportunities Threats All of the above Question Title * 5. A bank can increase its market definition by Opening new branches in areas that the bank has not previously served Acquiring a new bank Adding new products not previously offered to its customer base All of the above Question Title * 6. Generally, a strategic plan is a time horizon equal to One month One year Five years None of the above Done
