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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. Calculate the weighted score for each alternative.Which location would you recommend?
Secretary of State
A high-ranking government official responsible for foreign affairs in the United States, or state government affairs in some U.S. states.
Limited Liability
A legal structure that limits the financial responsibility of an entity's owners or shareholders to the amount they have invested, protecting personal assets from business debts.
Fiduciary Duty
An obligation to act in the best interest of another party, typically in financial or trust relations.
Winding-Up Process
The formal process of dissolving a company, involving the liquidation of assets, paying off creditors, and distributing any remaining assets to shareholders.
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