Question
One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified
One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified to reflect the unique interests and preferences of each individual decision maker. For example, assume that another graduating college student had the same three job offers described in Section 14.3. This student provided the following scoring model information. Rank the overall preference for the three positions. Which position is recommended?
| Ratings | ||||
| Analyst | Accountant | Auditor | ||
| Criteria | Weight | Chicago | Denver | Houston |
| Career Advancement | 8 | 8 | 5 | 6 |
| Location | 5 | 6 | 7 | 7 |
| Management | 8 | 7 | 6 | 8 |
| Salary | 7 | 8 | 9 | 7 |
| Prestige | 7 | 9 | 6 | 9 |
| Job Security | 5 | 5 | 6 | 10 |
| Enjoyment of the Work | 7 | 8 | 6 | 6 |
| Scoring Calculations | ||||
| Analyst | Accountant | Auditor | ||
| Criteria | Chicago | Denver | Houston | |
| Career Advancement | ?? | ?? | ?? | |
| Location | ?? | ?? | ?? | |
| Management | ?? | ?? | ?? | |
| Salary | ?? | ?? | ?? | |
| Prestige | ?? | ?? | ?? | |
| Job Security | ?? | ?? | ?? | |
| Enjoy the Work | ?? | ?? | ?? | |
| Score | ?? | ?? | ?? |
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
4th Edition
9780132138079
