Asked by Maddie Murch on Jun 17, 2024
Verified
Bank of America retired more than _________ applications after the financial crisis of 2007-2008.
A) 100
B) 5,000
C) 18,000
D) 100,000
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly and the overall economy faces significant difficulties.
Bank of America
One of the largest financial institutions in the United States, offering a wide range of banking and financial services.
Applications
Software programs designed to perform specific tasks on a computer or another device.
- Recognize the importance and impact of technological advancements on enhancing experiences for customers and operational processes in various sectors.
Verified Answer
KN
Krystel NapuriJun 21, 2024
Final Answer :
C
Explanation :
Bank of America retired more than 18,000 applications after the financial crisis of 2007-2008 as part of its efforts to streamline operations and reduce complexity within its technology infrastructure.
Learning Objectives
- Recognize the importance and impact of technological advancements on enhancing experiences for customers and operational processes in various sectors.