Instructions This final assignment,broken in to two parts,should incorporate the work...

Question

Instructions

This final assignment,broken in to two parts,should incorporate the work that you have started in your discussions throughout the course up to this point. You will want to go back and review your discussion posts as well as the posts of others each week to complete this final assignment.

PART 1: Evaluate and Make the Decision by comparing the alternatives based on the objectives. This process is achieved in Step Four by creating two decision matrices - unweighted and weighted.

STEP 1: Create the Unweighted Matrix

Use a scale of 0 - 3 to rate the first decision matrix. (0 being does not meet the objective well to 3 being meets the objective well).

The decision matrices must have the four objectives and four alternatives from the previous week's discussions.

Explain WHY and HOW Harry derived the ranking of the objectives and alternatives (each of the individual numbers) in the first matrix. Review the House Buying Example.

STEP 2: Create the Weighted Matrix

Assign a percentage to each of the objectives.

These weights must total to 100% for the second (weighted) decision matrix. Remember these do not change for each alternative. but are applied to each objective.~~Post the second decision matrix in the text box (weighted).~~

Explain WHY and HOW Harry derived each of the weights for the objectives.

STEP 3: Evaluate

Based on the results of the Decision Matrices, evaluate and analyze all of HH’s alternatives and objectives.

State the final decision by explaining and justifying it with the numbers in the matrix. The final decision is based on the matrices

Make sure that all of your steps make sense with one another and fully align so that your final decision completely lines up with the rest of the steps in the process.

PART 2:

Create a report to the internal stakeholders of the company to discuss the decision that you have made regarding moving forward in a way that fixes the financial situation that outlines exactly how you have come to the decision. In your memo, you want to provide specifics, some of which have been established throughout the first 6 weeks of the course. All conclusions, justifications, reasoning's, and explanations must be supported with course material in the form of APA in-text citations (page/paragraph numbers required) and a reference list.

Biases that may impact the process

Triggers/Opportunities leading to the need for a decision

Goal of Decision - What is the overall goal and why?

Decision Statement

Purpose, Scope, and Perspective - How did you frame this statement?

Four Objectives - Of the 6, why these?

Alternatives and how they met your objectives. Were these your original alternatives or were there class discussions that brought forth new ideas?

Your decision matrices (weighted and unweighted) and how you chose to weight each criteria

Your final decision - Assessing the Decision Process, which is where Harry will state the final decision and how it fulfills HH’s objectives by examining the MDQ process in how that final decision was derived.

100765-ljki1ia4-t2yysufh.docx

Tanisha · Accepted Answer

Part 1
Solution:
To study the alternatives with the important criteria levels we use weighted type of decision matrix.  Ranking of all the mentioned alternatives with respect to a given reference is done in this matrix and hence, we create partial order for the same whereas in unweighted, we do not give weights for each criteria but each resembles same important level. So in such case just add all the scores for everything and the highest one will be the preferable option.
To check out how well the objectives can align with the alternatives given in the matrix, we use decision matrices. It just gives overview of the final decision and they are assessed based on a scale from 0 to 3 which starts from lowest to the highest. After giving scores, the best option is selected and explanation is given in the final output. So as we go for the best ones, we ensure that we will fulfill HH’s objectives
1. Decision Matrix that is unweighted
	 
 
              Alternatives
	                                                                             
                                                 Objectives
	
	HH can increase sales
	Focus on growth by developing customer relationship
	Having a strong 
staff engagement
	Checking out the potential 
risks to HH's market
	Offering of discount
	3
	2
	0
	3
	Utilization of web power
	3
	3
	1
	3
	Recruitment of talented sales employees
	2
	2
	1
	1
	Feedback of customers
	2
	3
	2
	2
	
	
	
	
	
	 
 
              Alternatives
	                                                                                   Objectives
	 
	
	HH can increase sales
	Focus on increasing growth by developing customer 
relationship
	Having a strong 
staff engagement
	Checking out the potential 
risks to HH's market
	 
	Weights
	40%
	30%
	20%
	10%
	100%
	 
	Score
	Total
	Score
	Total
	Scores
	Total in percentage
	Scores
	Total in percentage
	Total in %
	Offering of discount
	3
	40%
	2
	20%
	0
	0
	3
	10%
	70%
	Utilization of web power
	3
	40%
	3
	30%
	1
	6.67%
	3
	10%
	86.67%
	Recruitment of talented sales employees
	2
	26.67%
	2
	20%
	1
	6.67%
	1
	3.33%
	56.67%
	Feedback of customer
	2
	26.67%
	3
	30%
	2
	13.33%
	2
	6.67%
	76.67%
 
2. Decision Matrix that is weighted
• Harry derived the ranking of the goals as he prioritizes it based on the significance level that affects the destined decision. He chose "HH should offer discount" as the number 1 goal and "HH can increase sales" as the number 1 goal as he thinks that it is the wonderful goal/objective that can give solution to their needs  and the most important objective needed to get before arriving to the destined decision. Harry formed the alternatives and objectives by brainstorming things such as circumstances that are affecting them, problems they are facing, and ideas that could generate strategic ways of dealing with the problem.
• From the table, we can say that the alternatives given here matches with the objectives to get the better parameters. Among all , utilization of web power has got the highest weightage from both the matrices since it is not up to the mark or aligned with the other objectives whereas, recruitment of talented sales employees have the lowest score since it does not align with increase of sales and risks to the HH’s market. 
• From the table we can analyzed that utilization of web power as one of the alternative that can have more impact as it has more ranking. In Unweighted decision matrix, we saw that it gives best results except on the “Having a strong staff management” whereas in weighted ones, the best one mark was 86.7% from the weightage criteria of objectives.
3 Solution:
• In my opinion, the chosen best alternative,

Instructions This final assignment,broken in to two parts,should incorporate the work that you have started in your discussions throughout the course up to this point. You will want to go back and...

Answer To: Instructions This final assignment,broken in to two parts,should incorporate the work that you have...

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