An Advantage of Factor Rating for Project Selection Is That

question 8

Multiple Choice

An advantage of factor rating for project selection is that it:

• A) Is a compensatory model
• B) Is focused solely on financial outcomes
• C) Offers objective measures that eliminate human bias
• D) Involves no arithmetic calculations
• E) Allows for comparisons on several weighted criteria

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Definitions:

Mindlessness

A state of reduced cognitive awareness, often characterized by automatic or habitual actions without active engagement or reflection.

Mental Inflexibility

The inability or difficulty in adjusting one's thoughts, behaviors, or strategies in response to new information or changing circumstances.

Inertia

The resistance of any physical object to any change in its velocity, including changes to its speed or direction.

Obliviousness

The state of being unaware or unconscious of what is happening around one.