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 checks to an East Coast address, it would be beneficial for the East Coast firm to establish a lock-box service on the West Coast. This would allow for faster processing of payments and potentially increase customer satisfaction. Having a large number of customers or banking facilities on the West Coast may also be factors to consider, but they are not as directly related to the need for a lock-box service as the current mailing address of West Coast customers. The efficiency of West Coast banks is not mentioned as a factor in this scenario.

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