Which Swiss-based business school is known for publishing the annual World Competitiveness Index?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. IMD Business School.
The IMD Business School, located in Lausanne, Switzerland, is the institution responsible for publishing the annual World Competitiveness Yearbook (often referred to as the World Competitiveness Index).
Key Details of the Index
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Publisher: The index is managed by the IMD World Competitiveness Center, a research pioneer that has been benchmarking nations since 1989.
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Methodology: It evaluates economies based on four main pillars: Economic Performance, Government Efficiency, Business Efficiency, and Infrastructure.
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Data Mix: The ranking utilizes a combination of "hard data" (statistical indicators from international organizations) and "soft data" (executive opinion surveys).