Rapid growth of households and businesses

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You are currently serving as president and chief executive officer of a unit bank that has been operating out of its present location for five years. Due to the rapid growth of households and businesses in the market area served by the bank and the challenges posed to your share of this market by several aggressive competitors, you want to become a branch bank by establishing satellite offices.

Please answer the following questions:

-What advantages would your branch be likely to have over the old unit bank? What disadvantages are likely to come with adding branch offices? Any ideas on how you might minimize these disadvantages?

Reference no: EM133020627

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