Homework Help is Here – Start Your Trial Now!
Business
Operations Management
QUISTION : 1 8.14 An American consulting firm is planning to expand globally by opening a new office in one of four countries: Germany, Italy, Spain, or Greece. The chief partner entrusted with the decision, L. Wayne Shell, has identified eight key success factors that he views as essential for the success of any consul- tancy. He used a rating system of 1 (least desirable country) to 5 (most desirable) to evaluate each factor. WEIGHT 05 05 KEY SUCCESS FACTOR Level of education Number of consultants National literacy rate Political aspects Stability of government Product liability laws 0.2 Environmental regulations 0.2 Social and cultural aspects Similarity in t language Acceptability 0.1 of consultants 0.1 1 4 Economic factors Incentives 0.1 2 3 1 5 1) Which country should be selected for the new office? >) If Spain's score were lowered in the Stability of government factor, to a 4, how would its overall score change? On this fac- tor, at what score for Spain would the rankings change? P CANDIDATE COUNTRY RATINGS GERMANY ITALY SPAIN GREECE 5 5 5 2 2 1 5 0.2 4 5 5 1 4 5 2 4 2 3 1 1 4 1 2 5 3 1 3

QUISTION : 1 8.14 An American consulting firm is planning to expand globally by opening a new office in one of four countries: Germany, Italy, Spain, or Greece. The chief partner entrusted with the decision, L. Wayne Shell, has identified eight key success factors that he views as essential for the success of any consul- tancy. He used a rating system of 1 (least desirable country) to 5 (most desirable) to evaluate each factor. WEIGHT 05 05 KEY SUCCESS FACTOR Level of education Number of consultants National literacy rate Political aspects Stability of government Product liability laws 0.2 Environmental regulations 0.2 Social and cultural aspects Similarity in t language Acceptability 0.1 of consultants 0.1 1 4 Economic factors Incentives 0.1 2 3 1 5 1) Which country should be selected for the new office? >) If Spain's score were lowered in the Stability of government factor, to a 4, how would its overall score change? On this fac- tor, at what score for Spain would the rankings change? P CANDIDATE COUNTRY RATINGS GERMANY ITALY SPAIN GREECE 5 5 5 2 2 1 5 0.2 4 5 5 1 4 5 2 4 2 3 1 1 4 1 2 5 3 1 3

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question
QUISTION : 1 ... 8.14 globally by opening a new office in one of four countries: KEY SUCCESS Germany, Italy. Spain, or Greece. The chief partner entrusted FACTOR with the decision, L. Wayne Shell, has identified eight key success Level of factors that he views as essential for the success of any consul- tancy. He used a rating system of 1 (least desirable country) to 5 (most desirable) to evaluate cach factor. An American consulting firm is planning to expand CANDIDATE COUNTRY RATINGS WEIGHT GERMANY ITALY SPAIN GREECE education Number of consultants 05 5. 5. 2 National Interacy rate Political aspects Stability of government Product liability laws 05 4 0.2 5. 2 0.2 2. 3. 5. Environmental regulations Social and cultural aspects Sımilarity in language Acceptability of consultants Economic factors 0.2 3. 0.1 4 0.1 1. 4. 4. 3 Incentives 0.1 3 5. 1) Which country should be selected for the new office? >) If Spain's score were lowered in the Stability of government factor, to a 4, how would its overall score change? On this fac- tor, at what score for Spain would the rankings change? Px 1. 2. 1,
Transcribed Image Text:QUISTION : 1 ... 8.14 globally by opening a new office in one of four countries: KEY SUCCESS Germany, Italy. Spain, or Greece. The chief partner entrusted FACTOR with the decision, L. Wayne Shell, has identified eight key success Level of factors that he views as essential for the success of any consul- tancy. He used a rating system of 1 (least desirable country) to 5 (most desirable) to evaluate cach factor. An American consulting firm is planning to expand CANDIDATE COUNTRY RATINGS WEIGHT GERMANY ITALY SPAIN GREECE education Number of consultants 05 5. 5. 2 National Interacy rate Political aspects Stability of government Product liability laws 05 4 0.2 5. 2 0.2 2. 3. 5. Environmental regulations Social and cultural aspects Sımilarity in language Acceptability of consultants Economic factors 0.2 3. 0.1 4 0.1 1. 4. 4. 3 Incentives 0.1 3 5. 1) Which country should be selected for the new office? >) If Spain's score were lowered in the Stability of government factor, to a 4, how would its overall score change? On this fac- tor, at what score for Spain would the rankings change? Px 1. 2. 1,
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS