ASQ Exam CMQ-OE Topic 3 Question 78 Discussion

Actual exam question for ASQ's CMQ-OE exam

Question #: 78
Topic #: 3

First Community Bank Holding Company executive management has initiated an environmental scan lo determine the strategy to respond to new regulatory' standards. Management has observed that the bank has a good reputation in the marketplace, a talented workforce. 600 different options for investment strategies, and a solid management team, which is compensated substantially above industry levels. The bank is considering offering on-line securities trading as a new service to its customers. Which of the following should management consider as an external threat to First Community Bank Holding?

AReputation in the marketplace

BNew regulatory standards

CCompensation above industry standards

Show Suggested Answer

Suggested Answer: D

by Herminia at Oct 19, 2024, 11:31 PM

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Margot

7 days ago

But what about offering on-line securities trading? Could that also be a threat?

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Penney

9 days ago

I agree, we need to make sure we comply with them.

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Haley

11 days ago

The external threat here is clearly the new regulatory standards. The bank needs to carefully navigate these changes to ensure compliance.

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Stefanie

24 days ago

I think the new regulatory standards could be a threat.

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