An operations manager is performing a factor-rating analysis to help him choose an outsourcing provider. He is focusing on two factors: A and B, using a weight of 75% for factor A and 25% for factor B
He has scored five different potential providers on both factors, using a scale of 1-5, with 1 representing the BEST score. Based on the scores provided in the table below, which provider should be chosen?
Provider Factor A Factor B
Alpha 1 5
Beta 3 3
Gamma 4 1
Phi 2 1
Omega 3 5
A) Alpha
B) Beta
C) Gamma
D) Phi
E) Omega
D
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A home appliance manufacturer located in the Netherlands decides to open two new manufacturing plants, one in Poland and the other in Thailand. Its purpose is to offset currency losses through which of the following strategies?
a. strategic hedging. b. dissemination risk. c. currency swaps. d. forward transactions.
Samuel is having financial troubles. He owes a significant amount of money to his ex-wife for child support payments, he is also behind on his student loans and has not paid his taxes for the last five years
Sam is considering filing for personal bankruptcy. Why might this not be a wise financial decision for him?