...8.14 An American consulting firm is planning to expand globallyby opening a new office in one of four countries: Germany,Italy, Spain, or Greece. The chief partner entrusted with thedecision, L. Wayne Shell, has identified eight key successfactors that he views as essential for the success of anyconsultancy. He used a rating system of 1 (least desirablecountry) to 5 (most desirable) to evaluate each factor.KEY SUCCESS FACTORLevel of educationNumber of consultantsNational literacy ratePolitical aspectsStability of governmentProduct liability lawsEnvironmental regulationsSocial and cultural aspectsSimilarity in languageAcceptability of consultantsEconomic factorsIncentivesWEIGHT CANDIDATE COUNTRY RATINGS.05.050.20.20.20.10.10.1GERMANY ITALY5455141252524243SPAIN GREECE515m3114121253m135a. Which country should be selected for the new office?b. If Spain's score were lowered in the Stability of governmentfactor, to a 4, how would its overall score change? On thisfactor, at what score for Spain would the rankings change? [PX]

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Answered: 4 An American consulting firm is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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