Solution-Relative importance of the attributes

Relative importance of the attributes

Assignment Help Business Management

Reference no: EM133045921

Let's suppose you are buying a new TV, and you have 4 models that you are trying to choose between. Below you will find a table with different attributes, which have different weights, and the relative importance of each of the attributes.
1. Using the table below, what model would you choose?

Assuming the brands not chosen know how consumers might rate these brands on the basis of their various attributes, what can they do to improve their chances of getting selected? Offer two solutions, but only one of those solutions can be based on improving the brands' performance on attributes that are important to you.

Attribute	Importance Weight	Sony	Panasonic	Vizio	LG
Size of Screen	30%	5	3	4	3
Price	25%	3	4	5	4
Warranty	20%	3	5	4	4
Sleep Timer	5%	4	3	1	3
Pixels	10%	2	3	1	4
Brand Reputation	10%	5	4	4	5

Reference no: EM133045921

Questions Cloud

Evaluating sustainability reports : Sustainability reports are increasingly becoming expected or even required by business organizations.

Understand the importance of attaining business objectives : Understand the importance of attaining business objectives and maximizing shareholder return. Learners will gain a working knowledge of business strategy design

Calculate the balance that IOU will have on March : Calculate the balance that IOU will have on March 25 in a credit account that charges simple interest at 60% per annum

Recognizing microaggressions-denton chamber of commerce : Demonstrate the awareness, attitude, knowledge, and skills required to equitably engage and include people from different local and global cultures. Engage in a

Relative importance of the attributes : Let's suppose you are buying a new TV, and you have 4 models that you are trying to choose between. Below you will find a table with different attributes, whic

What is the project operating cash flow : Lawaki currently sells bula sulu and bula shirts. Lawaki is considering adding bula pants to his range. What is the project operating cash flow

Carlo wood manufacturing and elite furniture creations : The Hawkins Electronic Manufacturing is currently faced with an inventory inaccuracy problem. The company purchased a new ERP Inventory management module six mo

What is the payback period for the new equipment : Production and sales would continue to be at a rate of 25,000 per year for four year; What is the payback period for the new equipment

Business processes and internal controls : Business processes and internal controls - Part ABelow is an extract of the revenue process within Calders Ltd.

User Account

All Pages

Relative importance of the attributes

Reference no: EM133045921

Reference no: EM133045921

Questions Cloud

Reviews

Write a Review

Business Management Questions & Answers

Caselet on michael porter’s value chain management

Mountain man brewing company

Mountain man brewing company

Analysis of the case using the doing ethics technique

Affiliations and partnerships

Innovation-friendly regulations

Effect of regional and corporate cultural issues

Structure of business plan

Identify the purposes of different types of organisations

Entrepreneur case study for analysis

Forecasting and business analysis

Educational instructional leadership

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT