Umpqua defines other financial institutions that perform banking services as their competitors, therefore they take <u>advantage</u> of their competition.
Competition basically refers to a situation in a market when businesses or sellers compete with one another for customers' business in order to accomplish a certain business goal, like maximizing earnings, sales, or market share. In this context, rivalry is frequently used to describe competitiveness. It is also described as a situation in which several economic enterprises compete to acquire products that are restricted by diverse market factors.
In addition to other financial service providers like trust companies, life insurance companies, finance companies, federal and provincial credit unions and caisses populaires, federal and provincial financial agencies, and financial technology companies, the majority of banks also compete with one another.
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Describe how the author connects the final paragraph to the paragraphs that came before it. Explain how all four paragraphs in the article work together to develop the central idea.
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Is global climate change caused by humans?
Is the death penalty effective?
Is our election process fair?
Is torture ever acceptable?
Should men get paternity leave from work?
Are school uniforms beneficial?
Do we have a fair tax system?
Do curfews keep teens out of trouble?
Is cheating out of control?
Are we too dependent on computers?
Should animals be used for research?
Should cigarette smoking be banned?
Are cell phones dangerous?
Are law enforcement cameras an invasion of privacy?
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