Question: One way consumers can evaluate alternatives is to identify important attributes and assess how purchase alternatives perform on those attributes. Consider the purchase of a
One way consumers can evaluate alternatives is to identify important attributes and assess how purchase alternatives perform on those attributes. Consider the purchase of a tablet. Each attribute is given a weight to reflect its level of importance to that consumer. Then the consumer evaluates each alternative on each attribute (higher ratings indicate higher performance). A score can be calculated for each brand by multiplying the importance weight for each attribute by the brand's score on that attribute. These weighted scores are then summed to determine the score for that brand. Calculate the weighted scores for all brands. Which brand would this consumer likely choose? Importance Attributes Weight Screen size 0.1 Price 0.2 Operating System 0.5 Apps available 0.2 Fill in the table below. (Round to one decimal place.) Alternative Brands A B 2 2 7 2 4 3 3 2 5 5 2 6 Brand Score
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
