A Company Using a Weighted-Criteria Evaluation System Has Established These

question 8

Multiple Choice

A company using a weighted-criteria evaluation system has established these 5 categories and the appropriate weight in parentheses:
Quality (0.25)
Responsiveness (0.10)
Delivery (0.20)
Cost (0.25)
Technology (0.20)
Company X received the following ratings in each of the five categories: Quality(90) ,Responsiveness(90) ,Delivery(80) ,Cost(80) ,Technology(90) .What is their total score?

• A)87.0
• B)85.5
• C)86.0
• D)86.5

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Definitions:

Financial Manager

A professional responsible for managing an organization's financial health by planning, directing, and controlling financial activities.

Secondary Market

The secondary market is where previously issued financial instruments such as stocks and bonds are bought and sold, as opposed to their initial issuance in the primary market.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the work of diverse individuals and groups in a coherent way.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and corporate operations.