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This is a Compensatory Decision Rule table, similar to Module 1. In this
table, however, you have the opportunity to enter
comparable items, their attributes, the rating of each attribute, and
the weights of the attributes for whatever product you choose.
You can compare job opportunities, automobiles, or laundry detergent
- whatever you want!
Instructions
1. Under each Alternative heading, enter identifying names for five
comparable items.
2. Across the top of the matrix, enter five Attributes of the items
you will compare.
3. Beneath each column of attribute headers, enter attribute ranking numbers
as numbers between 1 and 10.
4. Below in the row Student Input Attribute Weight enter attribute
weights (e.g., importance ratings) for each attribute. The combined value
of these weights must add up to 100.
5. Click Calculate.
The compensatory and elimination-by-aspects rules are commonly applied by
individual consumers and organizational buyers in their purchase decisions,
but they are not the only decision rules that people use. Variations that
require more or less effort have been identified, and you can learn more
about decision rules by taking the consumer behavior elective, or from a
good consumer behavior textbook. It should be clear from these exercises
that consumer decisions do not always follow the rules of logic, and that
there is much still to be learned about consumers in general.
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