The Custom Bike Company has set up a weighted scoring matrix for the evaluation of potential projects. Below are five projects under consideration.
Criteria strong-sponsor supports-bussiness-strategy urgency 10%-of-sales-from-new-products competition fill-the-market weighted-total
weight 2.0 5.0 4.0 3.0 1.0 3.0
project-1 9 5 2 0 2 5
project-2 3 7 2 0 5 1
project-3 6 8 2 3 6 8
project-4 1 0 5 10 6 9
project-5 3 10 10 1 8 0
a. Using the scoring matrix below, which project would you rate highest? Lowest?
b. If the weight for "Strong Sponsor" is changed from 2.0 to 5.0, will the project selection change? What are the three highest weighted project scores with this new weight?
c. Why is it important that the weights mirror critical strategic factors?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Custom Bike Company has set up a weighted scoring matrix for the evaluation of potential projects. Below are five projects under ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In an investment center, the manager has the responsibility for and the authority to make decisions that affect a. both costs and revenues for the department or division b. costs, revenues, and assets invested in the center c.
Answers (1)
Which of the following is NOT a core component of the Federal Reserve Bank? A.) Board of Governors B.) Regional Reserve Bank C.) Federal Open Market Committee D.) Department of treasury
Answers (1)
basic commodities such as farm goods are bought and sold in which market structure? a. perfect competition b. monopoly c. oligoply d. monopolistic competition
Answers (1)
What is meant by productivity
Answers (1)
A topic sentence is?
Answers (1)
New Questions in Business
A furniture store buys 100 footstools from a distributor at a cost of $230 each plus an overhead charge of $50 per order. The retail markup is 25% on the total price paid. Find the profit on the sale of one footstool.
Answers (1)
The University Golf Shop desires to make $10,000 in pretax profits. If the contribution margin ratio (CMR) is 50% and the fixed costs are $110,000, what is the required level of sales
Answers (1)
Uriah received the following interest payments:Interest of $400 on an overpayment of a previous year's Federal income taxesInterest of $300 on an award received for money lost due to fraud by his previous investment advisorInterest of $1,500 on
Answers (1)
4. Trade policies Tariffs and quotas do which of the following? Benefit domestic producers of the protected good and harm domestic consumers of the protected good Benefit foreign producers of the protected good and harm domestic producers of the
Answers (1)
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Answers (1)