Yeary Bank offers basic checking services and is currently considering offering premier checking and private banking services to enhance its services. Cost of basic checking services has been calculated as $25 and revenues from such services are $50. If premier checking and private banking are offered, the costs of these services are projected to be $30 and $200, respectively. New revenues from premier checking and private banking will be $75 and $225, respectively. What kind of a decision making is this according to our lecture and by analyzing quantitatively and qualitatively, help Yeary Bank decide whether to offer these two services or not.

ANSWER BY CHOOSING THE MOST APPROPRIATE ANSWER FROM BELOW:

Select one:

a. Whether to offer or not, Offer both according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

b. Whether to offer or not, Offer only premier checking and be indifferent for private banking according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

c. Whether to increment or not, Offer both according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

d. Whether to increment or not, Offer only premier checking and be indifferent for private banking according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

e. Whether to process further or not, Offer both according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

f. Whether to process further or not, Offer only premier checking and be indifferent for private banking according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

g. Which product mix, Offer both according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

h. Which product mix, Offer only premier checking and be indifferent for private banking according to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

i. Which product mix, Do NOT offer any new services due to quantitative analysis, consider market demand, competitive advantage and resource allocation qualitatively

j. This type of a decision making has not been covered in the lecture.