You have been hired as a consultant to three firms: a British retail bank setting up in Spain; a German textiles firm relocating its production to Vietnam, and an American high-tech electronics firm opening a new site in Britain. You have been asked by all three firms to advise them on the desirability and feasibility of transferring practices to their new locations. How would your advice differ? Why would there be differences? How are such differences important?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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You have been hired as a consultant to three firms: a British retail bank setting up in Spain; a German textiles firm relocating its production to Vietnam, and an American high-tech electronics firm opening a new site in Britain. You have been asked by all three firms to advise them on the desirability and feasibility of transferring practices to their new locations.

  • How would your advice differ?
  • Why would there be differences?
  • How are such differences important?
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