Question

Based on Akbank: Options in Digital Banking (HBS) What are strategy alternatives?

Based on Akbank: Options in Digital Banking (HBS)

What are strategy alternatives?

Homework Answers

Answer #1

For revolutionizing the digital banking process and upgradation of the technology the banks use strategy alternatives. Strategy alternatives are other options in the form of strategies which the banks choose in its d8gital platform. All the organisations should keep its alternatives ready for any situation, same as the strategy alternative, the banks keep their strategies ready for any situation, especially for while providing digital platforms for monetary transactions. If one strategy does not work, the other shall be used 8n its alternative. Digital banking is the online platform which is provided by the banks to its customers for making money transactions online immediately without reaching any bank. It includes risk which is strategize by the bank earlier itself, but the alternatives for the strategies should also be ready for any situation

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