Step 1
List all of your options as the row labels on the table, and list the factors that you need to consider as the column headings. For example, if you were buying a new laptop, factors to consider might be cost, dimensions, and hard disk size.
Step 2
Next, work your way down the columns of your table, scoring each option for each of the factors in your decision. Score each option from 0 (poor) to 5 (very good). Note that you do not have to have a different score for each option – if none of them are good for a particular factor in your decision, then all options should score 0.
Step 3
The next step is to work out the relative importance of the factors in your decision. Show these as numbers from, say, 0 to 5, where 0 means that the factor is absolutely unimportant in the final decision, and 5 means that it is very important. (It's perfectly acceptable to have factors with the same importance.)
Tip:
These values may be obvious. If they are not, then use a technique such as Paired Comparison Analysis to estimate them.
Step 4
Now multiply each of your scores from step 2 by the values for relative importance of the factor that you calculated in step 3. This will give you weighted scores for each option/factor combination.
Step 5
Finally, add up these weighted scores for each of your options. The option that scores the highest wins!
Answer:
B. market
Explanation:
A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.
What do you mean do you need someone to write a report on global warming and if so what are the requirements.
When air in contact with the ocean<span> is at a different temperature than the sea surface, heat </span>transfer<span> by conduction takes place. The </span>ocean<span> also absorbs and stores </span>energy <span>from the sun, and when precipitation falls, it releases heat </span>energy<span> into the atmosphere.</span>
