
DIPFS U4 SPECIMEN C 21-30
Authored by J Bennington
Business
10th Grade
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following creates uncertainty as to the future purchasing power of money?
Inflation.
Interest.
Risk.
Unemployment.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most likely impact on financial services providers of high unemployment?
Falling demand for financial support.
Greater demand for investment services.
Increasing demand for mortgages.
Increasing levels of bad debts.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Changes in financial services regulation have directly affected providers mostly by:
closing branches.
increasing costs
increasing profits.
reducing staff.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of how the UK government has had a direct impact on the financial services industry?
Decreased regulation.
Some providers have been partly nationalised.
The government runs the UK banking system.
The prime minister is responsible for banking conduct.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following products is most likely to be demanded in response to increased risk to personal circumstances?
Insurance products.
Investment products.
Lending products.
Savings products.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a useful tool for financial organisations to describe what they are offering?
Brand awareness.
Loss leaders.
Marketing mix.
PESTEL analysis
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a promotion to communicate messages that reinforce customer relationships?
Advertising.
Demographics.
Segmentation
Sustainability.
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