Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ranga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing
Ranga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table below have an ample number of providers from which they can choose. To aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table below.
The resulting ratings are on a to scale, where is a low risk and is a high risk. Further, John Wang has determined six criteria weightings. Trust, with a weight of ; Quality, with ; Religious, with; Individualism, with ; Time, with ; and Uncertainty, with Using the weighted factorrating method, which country should Ranga select?
In the following table, compute the total weighted score for each candidate enter each response as a decimal rounded to one place
tableSelection Criterion,Weight,Mexico,Panama,Costa Rica,PeruTrustSociety value of quality work,Religious attitudes,Individualism attitudes,Time orientation attitudes,Uncertainity avoidance attitude,Total Weighted Score:,,
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started