The Point Has Been Reached Where a Biotechnology Research and Development

question 35

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
Calculate the weighted score for each alternative.Which location would you recommend?

• A)A
• B)B
• C)C

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Definitions:

Good Faith

A fundamental principle in contracts requiring parties to deal with each other honestly and without ulterior motives.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aimed at harmonizing state laws.

Enforcement

The act of compelling compliance with a law, rule, agreement, or order through the application of penalties for violations.

Conforming Goods

Products that meet the specifications and requirements set forth in a contract of sale.