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Decision Theory

What factors should be considered besides cost benefit analysis for management to make a decision to choose a higher technology option in one location or lower technology option in several locations for their cosmetics manufacturing plants in Europe. Why do world class organizations not always select the higher technology option.

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What factors should be considered besides cost benefit analysis for management to make a decision to choose a higher technology option in one location or lower technology option in several locations for their cosmetics manufacturing plants in Europe. Why do world class organizations not always select the higher technology option?

There are several other factors that should be considered beside cost benefit analysis for management to make a decision to choose a higher technology option in one location or lower technology option in several locations for their cosmetic manufacturing plants in Europe.

Large companies have opted for several locations for manufacturing ...

Solution Summary

Decision Theory is discussed very comprehensively in this explanation..

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