Question: the case study titled as Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation? by Jill Avery and Marco Bertini published
the case study titled as Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation? by Jill Avery and Marco Bertini published in Harvard Business Review, and answer the following Questions:
Identify the main problem and subproblems of the case? Mark
Write all the information present in the case that would be helpful for decision. What other information should you gather, that would be helpful to know before making decision? Mark
Brainstorm with your team and generate all the ideas that your team suggests. The team cull the ideas and selected some relevant alternative choices for decision. Mark
Weighing the alternatives Marks
When weighing the various alternatives, how well each alternative fulfils the variables to consider can be expressed as scores. A different rating scale will be used to assess each alternative:
very suitable
quite suitable
neither suitable nor unsuitable
not quite suitable
not suitable at all
Note: Positive numbers or indicate that the alternative is able to fulfil the variables, whereas negative numbers or denote the opposite.
Draw a decision tree based for decision making, Marks
As CEO of the Dollar store, what will be your decision to keep up with inflation and why? Mark
Write the conclusion and overall assessment. Marks
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