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The Balanced Scorecard Is Named for Its View of Company

question 130

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The balanced scorecard is named for its view of company performance focusing only on financial measures.


Definitions:

Irrational Feelings

Emotions or sentiments that are not based on reason, logic, or actual experience, often leading to unpredictable or unreasonable reactions.

Achievement Drive

The inner motivation or desire of an individual to accomplish specific goals and excel in tasks.

High Need

A critical or urgent requirement for something that is essential or very important for an individual or entity.

External Locus

The belief that one's life events are primarily controlled by external forces or fate, rather than one's own efforts.

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