Question: Q3) Tesla has set up a weighted scoring matrix for evalution of potential projects. Below are four projects under consideration Criteria Strong Sponsor Supports business

Q3) Tesla has set up a weighted scoring matrix

Q3) Tesla has set up a weighted scoring matrix for evalution of potential projects. Below are four projects under consideration Criteria Strong Sponsor Supports business strategy Urgency Competition 10 % of sales from new products 3 Weighted Total 2 5 4 2 9 5 2 0 Weight Project 1 Project 2 Project 3 Project 4 Nun 2 5 3 7 2 0 6 8 6 1 2 5 3 10 0 un 6 a) Using scoring matrix above, calculate the weighted score of each project. (5 points) b) Which project would you select? (5 points) c) Briefly discuss how multi-weigted scoring model is used for project selection. (5 points) d) Briefly discuss the advantages and dis-advantages of multi-weigted scoring models to check list models. (5 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!