Question

Determine which startegic review process element is described below.

a. The Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 dramatically lowered the fees we can charge merchants when consumers pay with debit cards. One way around this will be to reinstate fees on all of our checking accounts, including those with automatic deposits.
b. Interest rates have fallen every year for the past 5 years.
c. Depending on who gets elected, our high-net-worth depositors will see dramatic differences in the way they are taxed. The Democratic candidate will impose larger taxes on high-income citizens, while the Republican candidate will reduce taxes or spread them more evenly across all citizens.

Answer 1

a. New Strategic Projects

b. Trend Analysis

c. Environmental Scanning

Step-by-step explanation:

In the statement a, the strategy followed is based on project. This amendment is viewed as a project rather than a business goal. This is one off modification in the system to automate the deposits and have check and balance with ease.

In statement b, the study of interest rates of past 5 years is trend analysis. Past events are analyzed to predict the future.

In statement c, the environmental analysis is done. The democratic candidate will impose higher taxes and republic candidate will lower the taxes, this is considered as environmental scanning.