A Clothing Chain Is Considering Two Different Locations for a New

question 77

Multiple Choice

A clothing chain is considering two different locations for a new retail outlet. They have identified the four factors listed in the following table as the basis for evaluation, and have assigned weights as shown on the left. The manager has rated each location on each factor, on a 100-point basis, as shown on the right. $$\begin{array} { | c | c | c | } \hline \text { Factor } & \text { Factor Description } & \text { Weight } \\\hline 1 & \text { Average community income } & .40 \\\hline 2 & \text { Community growth potential } & .25 \\\hline & \text { Availability of public } & \\3 & \text { transportation } & .15 \\\hline 4 & \text { Labor cost } & .20 \\\hline\end{array}$$
$$\begin{array} { | c | c | } \hline \text { Barclay } & \text { Chester } \\\hline 30 & 20 \\\hline 40 & 30 \\\hline 20 & 20 \\\hline 10 & 30 \\\hline\end{array}$$
What is the score for Chester?

• A) 10.00
• B) 24.50
• C) 25.75
• D) 27.00
• E) 100.00

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Definitions:

Exploited

Utilized or taken advantage of unfairly for someone else's benefit, often in a way that is unethical or lacks consent.

Unofficial Contributor

Describes someone who contributes to a project, work, or cause without receiving official recognition or status.

Homemaking

The management and maintenance of a household and its daily needs.

Family Business

A commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage, who are closely involved in the management of the business.