Two Firms That Are Being Considered for an Outsourced Job

question 7

Essay

Two firms that are being considered for an outsourced job have equal un-weighted factor method
scores. Suppose that the ratings for each firm are identical except in two categories, currency and cost risk with high numbers representing low risk. The weight factor for currency risk is three times that of cost risk. Firm 1's score for currency is a 2 and Firm 2's score for cost is a 5. If firm 1 and 2 have identical cumulative scores with the weighted method, find Firm 1's cost score and Firm 2's currency score.

---

Definitions:

Fluid Intelligence

The ability to reason and tackle new problems using logic, without relying on previously learned information.

Crystallized Intelligence

Refers to the accumulation of knowledge, skills, and experience that one gains over time, often assessed through vocabulary and factual information tests.

Neurological Factors

Elements that affect the structure and function of the nervous system, influencing behavior, cognition, and emotion.

Crystallized Intelligence

The ability to use learned knowledge and experience, which typically increases or remains stable with age.