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Which of the Following Is Not a Component of a Balanced

question 16

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Which of the following is not a component of a balanced scorecard?


Definitions:

Innovation

The act of implementing novel concepts, gadgets, or techniques to enhance products, services, or operations.

Inadequate Management

The situation where the management of a business fails to make effective decisions or to meet the necessary standards of organization and strategy.

External Factors

Conditions, events, or influences originating outside an organization that can affect its performance and strategic decisions.

Startup Capital

Initial funding used to start a business, covering costs such as product development, market research, and operational expenses until the business becomes self-sustaining.

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