In 1994, Jose de Valencia has to decide whether to recommend it to family and outside investors to invest a total of $ 4.5 million in production facilities for the production of hand-blown, hand-cut leaded crystal dishes in the Philippines. This venture will be quite risky, because six Irish technology should be used within two years to train workers, and it is unknown whether the export markets will take high-quality crystals produced in the Philippines. If the company fails, the resale value of machinery and equipment, not to mention the cost of training, will be zero. "Hide
by Donald J. Lecraw Source: Richard Ivey School of Business Foundation 12 pages. Publication Date: July 15, 1997. Prod. #: 97G010-PDF-ENG
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