The Point Has Been Reached Where a Biotechnology Research and Development

question 23

Multiple Choice

The point has been reached where a biotechnology research and development company must expand by building a new facility. The search has been narrowed to four locations, all of which are acceptable to management. The assessment of these sites is being made on the basis of the six subjective location factors that follow. Management has agreed to use a five- point scale (Excellent = 5, Very good = 4, Good = 3, Fair = 2, Poor = 1) to quantify and compare their subjective opinions about the relative goodness of the sites) . The weight reflects the importance of each factor in the decision.
Factor Evaluation by Location $$\begin{array} { | l | l | l | l | l | l | } \hline \text { Location Factor } & \text { Weight } & \text { A } & \text { B } & & \text { D } \\\hline \text { Labor Climate } & 35 & \text { Exc. } & \text { Very Gd. } & \text { Very Gd. } & \text { Exc. } \\\text { Quality of Life } & 25 & \text { Fair } & \text { Good } & \text { Very Gd. } & \text { Poor } \\\text { Transportation } & 15 & \text { Good } & \text { Very Gd. } & \text { Good } & \text { Fair } \\\text { Markets } & 10 & \text { Exc. } & \text { Good } & \text { Very Gd. } & \text { Very Gd. } \\\text { Taxes } & 10 & \text { Fair } & \text { Exc. } & \text { Exc. } & \text { Very Gd. } \\\text { Utilities } & 10 & \text { Exc. } & \text { Very Gd. } & \text { Good } & \text { Good } \\\hline\end{array}$$
Calculate the weighted score for each alternative. Which location would you recommend?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Assistance

The provision of help or support to someone, often to accomplish a task or overcome a challenge.

Vroom's Decision Making Model

A model that outlines how the decision-making process is influenced by an individual's motivations and expectations about the outcome of their choices.

Decision Methods

Various approaches or techniques used to make choices or solve problems within a group or organizational context.

Leader Decides

A decision-making process where the leader of a group makes the final decision, sometimes without consulting the group members.