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Much of the intense competition in the financial services industry comes from pro- ducts that are the most standardized, such as mortgages, automobile loans, money
Much of the intense competition in the financial services industry comes from pro- ducts that are the most standardized, such as mortgages, automobile loans, money market accounts, savings accounts, and so on. These products will offer very low profit margins. If you managed a small community bank today, devise a strategy to compete in this environment.
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