An East Coast firm should establish a lock-box service on the West Coast:

Question

Quizplus · Accepted Answer

If West Coast customers are currently mailing their cheques to an East Coast address, establishing a lock-box service on the West Coast would help streamline the payment process, reduce mailing time and associated costs, and improve customer satisfaction. Option A only mentions a large number of customers but does not necessarily indicate a need for a lock-box service. Option B assumes the firm already has banking facilities in the West Coast, which is not evident from the given information. Option D has no relevance to the need for a lock-box service.

An East Coast Firm Should Establish a Lock-Box Service on the West