Question
Solve business problems with appropriate quantitative decision-making models use a weighted decision model (also known as a weighted matrix) to help a company select a
- Solve business problems with appropriate quantitative decision-making models
use a weighted decision model (also known as a weighted matrix) to help a company select a new CRM system. Use the information given below and construct a weighted matrix model that accounts for all information to help the company make the most appropriate choice.
Begin by reviewing the following resources on Constructing a weighted matrix.
- Constructing a weighted matrix(Links to an external site.) . (Borysowich, 2006) https://it.toolbox.com/blogs/craigborysowich/constructing-a-weighted-matrix-112306
- CRM software selection quick start guide(Links to an external site.) . (SelectHub, 2018).
- Weighted Matrix Model (Herzing Business, 2018).
The company is evaluating several facets of CRM systems. These facets and their relative importance are listed below:
Contact Management | 20% |
Reporting | 15% |
Predictive Analysis | 15% |
Marketing Automation Integration | 10% |
Lead Management | 10% |
Mobile | 2.5% |
Social | 2.5% |
Cost | 25% |
Each vendor's ability to meet these criteria is rated on a scale of 1 to 5. With 5 indicating good alignment, and 1 indicating poor alignment.
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