Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are many drivers influencing the offshoring decision. Selecting a dominant driver is the key to a success of an offshoring venture. Supposed your Boston

image text in transcribed

There are many drivers influencing the offshoring decision. Selecting a dominant driver is the key to a success of an offshoring venture. Supposed your Boston company is planning to develop, manufacture and market a line of luxurious clocks. Several offshoring options are being evaluated. Here is the list of offshoring and internal candidates along with their corresponding engineering hourly burden rates: Shanghai ($20) St. Petersburg ($45) Dallas ($85) Honolulu ($120) Berlin ($200) Zurich ($300) After the first round of various considerations and responding to RFPs (Request for Proposals), China, Russia, Texas and Hawaii dropped out. An extensive second round resulted in Swiss winning the contract. Of the following four key drivers, which one is the most probable dominant factor at the top of the list of the decision making? cheap labor drives the bottom line of a modern enterprise language barrier is the biggest hindrance to a successful business you must collocate your people to simplify their communication to get a shot at even a small chance on a global market, hire the best possible people, the strongest talent... and forget about any other considerations you might ever had

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

More Books

Students also viewed these Databases questions