The Balanced Scorecard

question 52

Multiple Choice

The balanced scorecard:

• A)is similar to most measures of company performance.
• B)uses indicators important to the company's strategy.
• C)is a standardized instrument of company performance.
• D)should not be applied to HR practices.

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Definitions:

Coerce Employees

The act of compelling employees to act in a certain manner through force or threats, often undermining their autonomy or consent.

Contribute Financially

To provide monetary resources or support to a cause, project, or entity.

Craft Unions

Labor unions representing workers in specific trades or crafts, focusing on skills training, certification, and industry-specific labor issues.

Industrial Unions

Labor unions that represent all workers, regardless of job or skill level, within an entire industry.