To Be Effective,balanced Scorecards Must Be Customized by Companies to Fit

question 37

True/False

To be effective,balanced scorecards must be customized by companies to fit different market situations,products,and competitive environments.

---

Definitions:

Technological Skills

The abilities and knowledge needed to effectively use technical tools, digital devices, and other technology-related systems.

Motivation Depletion

The reduction or exhaustion of an individual's motivation, making it harder to engage in or initiate actions towards goals.

Extrinsic Evaluation

The assessment of something based on external factors or outcomes rather than its inherent value or quality, often influenced by rewards or punishments.

Career Classification

A system or method for organizing and categorizing occupations and professions based on characteristics, such as industry or required skills.