Explain in brief the weighted strength rating calculation

Question

Explain in brief the weighted strength rating calculation.

Answer 1

No matter whether the dissimilarities between the major weights are little or big, the sum of the weights must equal to1.0.

Weighted strength ratings are computed by rating each competitor on strength calculate and multiplying the allotted rating by the allotted weight. Summing a company’s weighted strength ratings for all the measures yields a whole strength rating. Comparisons of the weighted complete strength scores point out which competitors are in the weakest and strongest competitive positions and who has how large a net competitive benefit over whom.