The factor-rating method is an excellent tool for dealing with both country risk assessment and source provider selection problems.

Question

Quizplus · Accepted Answer

The factor-rating method is a commonly used tool for evaluating potential suppliers and assessing country risks. It involves identifying and rating various factors that contribute to risk or supplier performance, and then using these ratings to make a more informed decision about which suppliers to select or which countries to do business with. Overall, the factor-rating method can help organizations to make more strategic and data-driven decisions when it comes to managing risk and selecting suppliers.

The Factor-Rating Method Is an Excellent Tool for Dealing with Both