A firm is evaluating country risk as a first step in its outsourcing provider selection process. Legal issues, currency risk, political risk, and cultural compatibility have been assigned weights of 30%, 10%, 20%, and 40%, respectively. Three countries were scored on each of those risk factors (see table below) using a scale of 1-10, with a score of 1 meaning high risk and 10 meaning minor risk. Using the factor-rating method, which country appears to have the least risk overall?
Definitions:
Impermeable Layers
Geological strata that do not allow the passage of water or fluids due to their tightly packed nature.
Permeable Rocks
Rocks that contain pores or cracks through which fluids such as water can easily pass.
Oil And Gas
Natural hydrocarbon resources extracted from the Earth, used as fuels and in the production of various chemicals and materials.
Hydrocarbon Chains
Molecules composed of hydrogen and carbon atoms arranged in a chain, fundamental to organic chemistry and fossil fuels.
Q4: Describe the advantages and limitations of the
Q18: An initial analysis of a laboratory activity
Q28: Some organizations use outsourcing to replace entire
Q35: Motives involving the pursuit of internal goals,
Q61: How would a firm go about determining
Q78: What term is used to describe the
Q87: Jacquie Welkener, operations manager for ABC Technologies,
Q118: Which of the following is a step
Q119: Retail inventory that is unaccounted for between
Q131: In continuous (stock-to-forecast) operations, the master production