In a company, the development and project team faced two opportunities, and evaluated each opportunity based on basic criteria and the results were Table 2:1 Comparison between opportunity A and opportunity B Standards Standard weight opportunity A opportunity B Consistency with the company's vision. 0.2 5 4 the expected cost. 0.15 4 5 Increase market share. 0.05 4 4 expected return. 0.1 2 3 advanced technology. 0.05 2 4 Expected time to start production. 0.15 4 5 Legislative approval. 0.1 2 5 product price. 0.2 5 4 Note 1: The chance can take a score from 1 to 5 on each criterion Note 2: The weight of the criterion has the relative importance of each criterion compared to the other criteria Based on the result of the comparison, what is the opportunity that the company is supposed to work on?
In a company, the development and project team faced two opportunities, and evaluated each opportunity based on basic criteria and the results were
Table 2:1 Comparison between opportunity A and opportunity B
|
Standards
|
Standard weight
|
opportunity A |
opportunity B |
|
Consistency with the company's vision. |
0.2 |
5 |
4 |
|
the expected cost. |
0.15 |
4 |
5 |
|
Increase market share. |
0.05 |
4 |
4 |
|
expected return. |
0.1 |
2 |
3 |
|
advanced technology. |
0.05 |
2 |
4 |
|
Expected time to start production. |
0.15 |
4 |
5 |
|
Legislative approval. |
0.1 |
2 |
5 |
|
product price. |
0.2 |
5 |
4 |
Note 1: The chance can take a score from 1 to 5 on each criterion
Note 2: The weight of the criterion has the relative importance of each criterion compared to the other criteria
Based on the result of the comparison, what is the opportunity that the company is supposed to work on?
Preparing a Request for Proposals Document (RFP): Before discussing the method of preparing a request for proposals, we will briefly discuss some of the benefits of a request for proposals Presentations (RFP).
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