Strategic Management Key Internal Factors Weight ...

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Question

Finance

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

Excellent employee morale

In-store promotions resulted in 20 % increase in sales

Newspaper advertising expenditures went up by 15%

Revenues from repair/service segment of store up 15%

Store s tech support personnel have college degrees

Stores debt-to-total assets ratio declined to 34 percent

Revenues per employee up 19 percent

Weaknesses

Revenues from software segment of store down 15 percent

Location of store negatively impacted by Highway 2000

Carpet and paint in store somewhat in disrepair

Bathroom in store needs refurbishing

Store has no Web site or social media

Supplier on-time delivery increased to 4 days

customers have to wait long for to check out

Revenues from businesses down 8 percent

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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