The Balanced Scorecard Approach to Performance Evaluation:
I $\text { Is less time consurming and expensive tharn other approaches}$

question 48

Multiple Choice

The balanced scorecard approach to performance evaluation:
I $\text { Is less time consurming and expensive tharn other approaches}$
II $\text { Helps marnagers integrate strategies across divisions and furctions}$
III $\text {Assists marnagers in predictine possible future problerns}$

• A) I and II only
• B) II and III only
• C) I and III only
• D) I, II, and III

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Definitions:

Market Research

The process of gathering, analyzing, and interpreting information about a market, including potential customers and competitors, to inform business decisions.

Auditing

The process of examining an organization's financial records to ensure accuracy and compliance with accounting standards and regulations.

Regulators

Authorities or agencies responsible for supervising and enforcing laws within a particular industry or sector to ensure safety, fairness, and compliance.

Legal Authority

Legal authority involves the officially granted power to make decisions, carry out actions, or enforce laws within a given area or on a specific topic.