Management (14th Edition)
14th Edition
ISBN: 9780134527604
Author: Stephen P. Robbins, Mary A. Coulter
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 12DQ
Summary Introduction
Case summary/Introduction:
The W’s Co. is planning to expand by opening 1000 restaurants by 2020. Selecting a new restaurant location can be a daunting task as there are many different considerations. W is taking advantage of technology to help decide to locate new restaurant. Esri, a geographic information system helps to determine new location. The GIS integrates all the information into sales forecasting model to support decisions.
Characters in the case: The W’s Company
Adequate information: Software provides information on auto-traffic, customer demographic location, commercial claims, area safety etc.
To determine:
Ways on improvement of decisions using GIS.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
How can you use concept of time value of money for a housing decision (mortgage)?
How can information reduce risk when making a decision?
Is the model an accurate representation of reality?
Knowledge Booster
Similar questions
- What research would you want to conduct prior to making a decision to invest in new presses?arrow_forwardHow can I Analyze risks associated with capital projects. and How can I Describe the decision-making factors in lease versus buy? In Healthcarearrow_forwardLocate an example where a business made a bad decision because they lacked good information. Discuss how good business research would have led to a better decision by the organization.arrow_forward
- Can you assist with proving some answers for these questionsarrow_forwardAssume General Mills has to decide how to invest millions of dollars to try to expand its dessert and yogurt businesses. To allocate this money between these two businesses, what information would General Mills like to have?arrow_forwardWhat are the ethical considerations and implications of using big data and analytics in business decision-making processes?arrow_forward
- Could you please explain the decision patterns that are used in the manufacturing processes?arrow_forwardDiscuss briefly the Hierarchy of the information- based business decision makers.Which level has the best chance of success and why? (Decision Making subject)arrow_forwardI need a detailed outline of a report about a future issues in the real estate/ property management industry. Report must be about future issues in the real estate/ property management industry. Consult an in-depth article from a business publication on a topic or issue about this industry. Such topics are often discussed in year-end or year-beginning issues of publications or business programs. Examples of topics might be things like increase in cost of living, rising inflation and labor shortages (at least two out of the three topics should be discussed).The outline must describe the issue and its potential impacts on a real estate company. This assignment must be one to two pages long, and it should be a detailed outline, with clear topic sentences, sources of information, and key points highlighted. Outlines have specific formatting and layout requirements. The point is to have a clear direction and to demonstrate an understanding of the topic researched/ discussed.arrow_forward
- 1. When you want to buy the potato chip, what influences your decision? Explain the attributes that are important to you when making a decision to purchase this type of product.arrow_forwardCan I receive assistance with the below two questions, please PART A: Several years ago, Hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farmers whose crops were destroyed by the hurricane were much worse off, but farmers whose crops were not destroyed benefited from the hurricane. Why did this occur? What information would you need about the market for bananas in order to assess whether farmers as a group were hurt or helped by the floods? PART B: Explain why the following might be true: A drought in the Caribbean raises the total revenue that producers receive from the sale of coffee, but a drought only in Grenada reduces the total revenue that Grenadian producers receive. Ensure that you define any key terms used in your discussion.arrow_forwardhow does break-even analysis act as a decision-making tool for business? elaboratearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
