The Performance Measures on a Balanced Scorecard Tend to Fall

question 26

True/False

The performance measures on a balanced scorecard tend to fall into four groups: financial measures, customer measures, internal business process measures, and learning and growth measures.

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Definitions:

Labor-force Participation Rate

The proportion of the working-age population that is either employed or actively looking for work.

Labor Force

The total number of people aged 16 and over who are either employed or actively seeking employment.

Employed Category

A classification used in labor statistics to describe individuals who are currently employed and working.

Unemployed Category

A classification of individuals who are without a job, actively seeking work, and available to take up employment but are unable to find a job.