External Factors are determined by Foreign Country factors (H/M/L) and Home Coun
ID: 3770863 • Letter: E
Question
External Factors are determined by Foreign Country factors (H/M/L) and Home Country Factors (H/M/L). External factors are considered high if both Foreign and Home Country factors are high. If Foreign Country factor is low, then External Factor is considered medium; otherwise External Factor is considered low
3. Construct a simplified decision table to determine whether External Factors are H, M, or L
Foreign Country Factors are determined by: Inflation rate, environmental factors, and production factors
Home Country Factors are determined by: Market Size, Competition, Production Cost, and Government Regulations.
4. Based on all the factors outlined for this case, construct a dependency diagram to represent the entire decision process used to determine investment strategy.
Explanation / Answer
Decision Table
# 0 means Corresponding factor is Low
# 1 means Corresponding factor is Medium
# 2 means Corresponding factor is High
=> Home Country Factor will be depend on Market Size, Competition, Production Cost and Government Regulations
1) For High Country Factor we must have large Market Size, There must be Huge Competition so that Things are easily available and cost for buying things will be very less, Raw Procution Transport must be very low so the Production Cost will be low which ultimately decide the Production Cost. Government Regulations must be Strict and Time to Time so that there must be less fraud cases and cheatings.
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