branch-location

Vocabulary Word

Definition

'Branch-location' refers to the physical places where a company or organization has facilities. It's the tangible presence of a company outside its head office, like McDonald's branches in various towns.

Examples in Different Contexts

Branch location is critical in franchise development, determining the franchise's success in various markets. A franchise owner might explain, 'We evaluate local competition and community needs to choose the optimal branch location for our franchisees.'

Practice Scenarios

Tech

Scenario:

Given the specialized skills of our East Coast team, I think it’s a great fit for our new project.

Response:

That's an excellent idea. We can set up a new branch location to house the East Coast team.

Marketing

Scenario:

Our competitors are expanding rapidly in European markets; it's a highly potential area for us.

Response:

Agreed. We should consider opening a branch location there to tap into the European market.