Question
You are a regional sales director for Argentis, a growing financial services firm that specializes in providing investment services (annuities, managing stock portfolios, trust services)
You are a regional sales director for Argentis, a growing financial services firm that specializes in providing investment services (annuities, managing stock portfolios, trust services) for higher net worth clients.Until recently, Argentis has only offered its services online, and you have been asked to help plan its office locations in central Ohio.Your regional president has asked you to put together a plan that (1) places eight agent offices throughout central Ohio and (2) minimizes the amount of time your Top 100 highest net worth clients in the area will have to travel to get to their local agent's office.You have been given a file that contains the latitude and longitude of these clients' addresses.
1) What analytical process will you use to identify the new agent's locations?Assuming that your regional president and the agents you will be hiring are unfamiliar with this process, how would you describe it to them?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started