Cletus Inc

question 61

Multiple Choice

Cletus Inc. plans to overhaul the cafeteria menu and has formed a four-person team to evaluate alternatives. The team identifies four criteria and their corresponding percentage weights. Option C has ranks as shown in the table below:
What is the importance score sum for option C?

• A) 1.35
• B) 2.20
• C) 2.65
• D) 3.45
• E) 4.80

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Definitions:

Money Demand

The desire or need to hold money as opposed to investing it, influenced by interest rates and economic activity.

Cyclical Unemployment

Unemployment that results from economic recessions and downturns, reflecting a lack of demand for goods and services.

Money Demand

The desire to hold cash or cash equivalents based on liquidity preference, influenced by interest rates, income levels, and transaction needs.

Interest Rate

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal amount per annum.