4 Develop a ranking for competitiveness andor business envir

4. Develop a ranking for competitiveness and/or business environment for Britain, Singapore, the U.S Hong Kong, and Italy.( hint: see the Global Competitive Report, World Economic Forum, and The Economist)

5. Ranga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table that follows have an ample number of providers from which they can choose. To aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table that follows. The resulting ratings are on a I to10 scale, where 1 is a low risk and 10 is a high risk.

John Wang has determined six criteria weightings: Trust, with a weight of 0.4; Quality, with 0.2; Religious, with 0.1; Individualism, with 0.1; Time, with 0.1; and Uncertainty, with 0.1. Using the weighted factor-rating method, which country should Ranga select?

Culture Selection Criterion

Mexico

Panama

Costa-Rica

Peru

Trust

I

2

2

1

Society value of quality work

7

10

9

10

Religious attitudes

3

3

3

5

Individualism attitudes

5

2

4

8

Time orientation attitudes

4

6

7

3

Uncertainty avoidance attitudes

3

2

4

2

6. Walker Accounting Software is marketed to small accounting firms throughout the U.S. and Canada. Owner George Walker has decided to outsource the company’s help desk and is considering three providers: Manila Call Center (Philippines), Delhi Services (India), and Moscow Bell (Russia). The following table summarizes the data Walker has assembled. Which outsourcing firm has the best rating? (Higher weights imply higher importance and higher ratings imply more desirableproviders.)

Culture Selection Criterion

Mexico

Panama

Costa-Rica

Peru

Trust

I

2

2

1

Society value of quality work

7

10

9

10

Religious attitudes

3

3

3

5

Individualism attitudes

5

2

4

8

Time orientation attitudes

4

6

7

3

Uncertainty avoidance attitudes

3

2

4

2

Solution

4. Ranking for competitiveness and/or business environment for Britain, Singapore, the U.S Hong Kong, and Italy:

5.

Ranga should select Costa Rica as its total weighted factor rating is high (4.4) among all four country.

6. Table is missing (Incomplete)

2014-2015 Ranking for Competitiveness
Economy Rank
Singapore 2
U.S 3
Hong Kong 7
Britain 9
Italy 49
4. Develop a ranking for competitiveness and/or business environment for Britain, Singapore, the U.S Hong Kong, and Italy.( hint: see the Global Competitive Rep
4. Develop a ranking for competitiveness and/or business environment for Britain, Singapore, the U.S Hong Kong, and Italy.( hint: see the Global Competitive Rep

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