Assignment:
A company is planning on expanding and building a new plant in one of three countries in Middle or Eastern Europe. The general manager, Patricia Donegal, has decided to base her decision on six critical success factors: technology availability and support, availability and quality of public education, legal and regulatory aspects, social and cultural aspects, economic factors, and political stability.
Using a rating system of 1 (least desirable) to 5 (most desirable) she has arrived at the following ratings (you may, of course, have different opinions). Based on these weightings, in which country should the plant be built?
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Choosing a location for a plant
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Critical Success Factor
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Turkey
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Serbia
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Slovakia
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Technology availability and support
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4
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3
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4
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Availability and quality of public education
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4
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4
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3
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Legal and regulatory aspects
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2
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4
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5
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Social and cultural aspects
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5
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3
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4
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Economic factors
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4
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3
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3
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Political stability
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4
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2
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3
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Assume that Patricia decides to use the following weights for the critical success factors. Would this change her decision? Explain.
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Factor
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Weight
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Technology availability and support
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0.3
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Availability and quality of public education
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0.2
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Legal and regulatory aspects
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0.1
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Social and cultural aspects
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0.1
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Economic factors
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0.1
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|
Political stability
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0.1
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Is there a problem with Patricia's weights? Explain.
Provide complete and step by step solution for the question and show calculations and use formulas.