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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Factor performance is measured as 0.30 × Factor Score in 2014 + 0.35 × Factor Score in 2012 + 0.35 × Factor Score in 2010
Let's calculate Factor performance for each of the given options.
Factor performance For Innovation = 0.3*4.5+0.35*4+0.35*4.75 = 4.4125
Factor performance for Business Sophistication =0.3*5.25+0.35*4.75+0.35*4.5=4.8125
Factor performance for Infrastructure = 0.3*5.25+0.35*4+0.35*4 = 4.375
Factor performance for Macroeconomic Environment =0.3*5.5+0.35*4.5+0.35*4.75 = 4.8875
Factor performance for Macroeconomic Environment is the highest.
Hence option D is the correct answer