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You are trying to determine which country to build a new manufacturing plant in. A Factor Rating matrix has been developed to evaluate risk for four possible locations. Perform analysis on the potential locations by completing the matrix. High risk 10 low risk 1 |
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Criteria ratings on a 1-10 scale where 1 is low risk and 10 is high risk |
| Culture Selection Criteria |
Risk weighting |
Mexico |
Panama |
Costa Rica |
Venezula |
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Criteria weight |
| Instability of government |
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3 |
2 |
2 |
10 |
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Instability of government |
0.4 |
| Society value of quality work |
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3 |
2 |
2 |
5 |
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Society value of quality work |
0.2 |
| Trust |
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3 |
4 |
3 |
5 |
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Trust |
0.1 |
| Individualism attitudes |
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4 |
3 |
3 |
7 |
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Individualism attitudes |
0.1 |
| Time orientation attitudes |
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4 |
5 |
5 |
6 |
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Time orientation attitudes |
0.1 |
| Uncertainty avoidance attitudes |
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6 |
5 |
5 |
5 |
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Uncertainty avoidance attitudes |
0.1 |
| Total rating |
