Examlex

Solved

Which Country Should a Firm Choose for Production Using a Weighted

question 5

Essay

Which country should a firm choose for production using a weighted factor method if high scores indicate high risk?
 Currency  Logistics  Country  Labor (W=5)(W=3) Quality (W=7)(W=2) Canada 10964 Singapore 7759 Mexico 8579\begin{array}{|l|l|l|l|l|}\hline &&\text { Currency } && \text { Logistics }\\ \text { Country } & \text { Labor }(W=5) &(W=3) & \text { Quality }(W=7)&(W=2)\\\hline \text { Canada } & 10 & 9 & 6 & 4 \\\hline \text { Singapore } & 7 & 7 & 5 & 9 \\\hline \text { Mexico } & 8 & 5 & 7 & 9 \\\hline\end{array}


Definitions:

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation.

Knocking

A phenomenon in internal combustion engines when fuel burns unevenly, causing vibrations that can damage the engine.

Alkanes

Saturated hydrocarbons containing only single bonds between carbon atoms, generally characterized by the formula CnH2n+2.

Commercial Uses

Applications or purposes of a product, substance, or technology in various industries for profit generation and consumer needs fulfillment.

Related Questions