Hi, I'd like to seek your advice on how to come up with suitable evaluation criteria in decision-making cases, if the prompt was blurry and the client does not have a specific objective?
As an example: “Setting up an alternative plant would help us save cost and reduce lead time. Which country should we pick to set up the alternative plant?” Let's say the interviewer did not give me the key objective of the client. What are some possible criteria that I could assume? My thought is:
1.Payback period: quite common in case books, but I found out that in real interviews, it is quite rare that the clients have a targeted payback period.
2.Reduce cost as much as possible: seems more realistic, as clients often focus on “saving cost” as much as possible. However, is it suitable to neglect the “initial investment (setup cost)" and only focus on the cost side?
Thanks for your advice!