Answer to Question #234683 in Marketing for kenny

Question

Create a comparison matrix of the measurements of interest rate along with your perceived advantages and disadvantages of these measurements
Please take note of the following when you are making the matrix:

Cite only 2 advantages and disadvantages of the measurements
Consider the topics in the Module III in making the comparison matrix
The advantages and disadvantages should be noteworthy, that you can think of these when you apply the concepts in the real organizational scenarios

Answer 1

A comparison matrix is an essential tool that helps in providing the similarities and differences between items, products, or even between more complex and abstract concepts like strategies and ideas.

Advantages

• Most comparison charts of interest rate are simple to construct and read.
• The estimation of interest rate are quick and easy to understand.
• It permits the viewers to get the data comparison at a glance.

Disadvantages

• Managerial roles may not be clearly defined.
• The decision-making process can be slowed down.
• Measuring employee performance might become difficult