Examlex

Solved

A Clothing Chain Is Considering Two Different Locations for a New

question 86

Essay

A clothing chain is considering two different locations for a new retail outlet.The organization has identified the four factors listed in the following table as the basis for evaluation,and it has assigned weights as shown.The manager has rated each location on each factor,on a 100-point basis (higher scores are better),as shown under the respective columns for Barclay and Chester.
a.Calculate the composite score for each alternative location.
b.Which site should be chosen?
c.Are you concerned about the sensitivity and subjectivity of this solution? Comment.
A clothing chain is considering two different locations for a new retail outlet.The organization has identified the four factors listed in the following table as the basis for evaluation,and it has assigned weights as shown.The manager has rated each location on each factor,on a 100-point basis (higher scores are better),as shown under the respective columns for Barclay and Chester. a.Calculate the composite score for each alternative location. b.Which site should be chosen? c.Are you concerned about the sensitivity and subjectivity of this solution? Comment.


Definitions:

Labor Movement

The collective organization of working people aimed at improving wages, hours, and working conditions through unions and political action.

Competitive Pressures

The forces exerted on businesses by competition in the marketplace, which can influence pricing, innovation, and strategies.

Organizational Performance

A measure of how effectively and efficiently a company achieves its objectives, including profitability, productivity, and market share.

Continuous Process Improvement

An ongoing effort to improve products, services, or processes by making incremental improvements over time or through significant changes at once.

Related Questions