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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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