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Who determines potential branches and sequels to operations

User MahanGM
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Final answer:

Senior executives and strategic planners in a company are responsible for determining potential branches and sequels to operations, considering market trends, company performance, and strategic goals. This process involves thorough research, analysis, and departmental coordination for successful execution.

Step-by-step explanation:

The individuals who determine potential branches and sequels to operations are typically senior executives and strategic planners within a company. These individuals are responsible for analyzing market trends, evaluating the company's performance, and determining the direction of future growth. The strategic planning process often involves the consideration of various scenarios and contingencies, which can result in the establishment of new branches or the development of sequel products or services, intended to expand the company's market presence and increase profitability.

To ensure a successful expansion or sequel, the decision-makers must conduct careful research, competitive analysis, and feasibility studies. They also need to align new initiatives with the company's overall goals and objectives. Moreover, they may work with various departments, including finance, marketing, research and development, and operations, to assess the potential impact of expansion and coordinate the execution of new strategies.

User Ian Hoar
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