The results of annual banking priorities survey of a sample of 220 bankers nationwide reveal insights on key areas of strategies focus and spending among financial institutions. The results show that​ 71% of bankers note new customer acquisition as a major tactic toward reaching their revenue goals. Implementing automated online​ self-service solutions was highlighted as a strategy to​ pursue, with​ 18% of bankers citing​ self-service account opening as a vital channel for attracting new customers. Identify potential concerns with​ coverage, nonresponse,​ sampling, and measurement errors

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Explain the relationship between consumers and producers in economic growth and activity

Which of the following commission structures creates sales people who are highly motivated to close a sales,because their entire income depends on it?