Question
Strategic Management Key Internal Factors Weight Rating Weighted score Strengths Average customer purchase increased from $40000 to $90,000 Inventory turnover increased from 5.8 to 6.7
Strategic Management
Key Internal Factors | Weight | Rating | Weighted score |
Strengths |
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Average customer purchase increased from $40000 to $90,000 |
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Inventory turnover increased from 5.8 to 6.7 |
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Excellent employee morale |
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In-store promotions resulted in 20 % increase in sales |
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Newspaper advertising expenditures went up by 15% |
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Revenues from repair/service segment of store up 15% |
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Store s tech support personnel have college degrees |
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Stores debt-to-total assets ratio declined to 34 percent |
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Revenues per employee up 19 percent |
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Weaknesses |
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Revenues from software segment of store down 15 percent |
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Location of store negatively impacted by Highway 2000 |
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Carpet and paint in store somewhat in disrepair |
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Bathroom in store needs refurbishing |
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Store has no Web site or social media |
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Supplier on-time delivery increased to 4 days |
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customers have to wait long for to check out |
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Revenues from businesses down 8 percent |
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Table 1provides information for a store operated by Excelsior College in Old Harbour St Catherine. Using the information in table 1 insert the weights ratings and the weighted score and calculate the total scores. Based on the calculated scores provide recommendation the manager of the store needs to take.
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