(i) Meet growth and diversification need. (ii) Reach out to particular customers or markets (iii) Comply with some regulatory directives (iv) Increase emplo...
Question 1 Report
(i) Meet growth and diversification need.
(ii) Reach out to particular customers or markets
(iii) Comply with some regulatory directives
(iv) Increase employees' income.
Which of the reasons above do companies consider in establishing branches?
Answer Details
Companies consider several reasons in establishing branches, such as meeting growth and diversification needs, reaching out to particular customers or markets, complying with regulatory directives, and increasing employees' income.
However, not all of the reasons listed are commonly considered in establishing branches. For instance, while increasing employees' income is a desirable outcome, it is not typically a primary driver for establishing branches.
The most common reasons for establishing branches are typically to meet growth and diversification needs and to reach out to particular customers or markets. Additionally, regulatory directives may sometimes require companies to establish branches in certain locations or to meet certain requirements.
Therefore, the correct option is (a) i and ii, as these are the most common reasons for companies to establish branches.
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