Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An American consulting firm is planning to expand globally by opening a new office in one of four countries: France, Canada, Italy, or Spain. The

An American consulting firm is planning to expand globally by opening a new office in one of four countries: France, Canada, Italy, or Spain. 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 consultancy. He used a rating system of 1(least desirable country) to 5(most desirable) to evaluate each factor.
\table[[Key Success Factor,Weight,Country Ratings],[,,France,Canada,Italy,Spain,],[\table[[Number of],[consultants]],0.05,4,4,5,3,],[\table[[National],[literacy rate]],0.05,5,4,3,4,],[\table[[Stability of],[government]],0.2,4,3,2,2,],[\table[[Product liability],[laws]],0.1,1,3,3,3,],[\table[[Product liability],[laws]],0.2,5,3,4,3,],[\table[[Similarity in],[language]],0.1,3,3,3,2,],[\table[[Acceptability],[of consultants]],0.2,3,4,2,,]]
a) Which country should be selected for the new office?
b) If Spain's score were higher in the Stability of government factor, to a 5, how would its overall score change? On this factor, at what score for Spain would the rankings change?
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Research Methods

Authors: Alan Bryman, Emma Bell

3rd Edition

0199583404, 9780199583409

More Books

Students also viewed these General Management questions