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Class 12 Business Studies Business Environment Technological environmentMedium

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A bank starts using software for preliminary checking of loan applications. Which managerial work is helped by this?

Answer and explanation

Correct answer: Faster screening and decision support

Software helps screen applications and prepare decisions. In exams understand automated screening as technological use.

Related tags

Business-Environment Technological-Environment Loan-Screening Decision-Support Technological Environment Business Environment Business Studies Class 12 Mcq

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