Some Researchers Have Indicated That the Balanced Scorecard Approach Can

question 4

True/False

Some researchers have indicated that the Balanced Scorecard approach can problematic and costly to implement,and even after implementation may be unsuccessful in achieving the overall objectives.

Determine selling price to achieve desired profit margins.

Understand and calculate overhead expenses in pricing.

Calculate profit or loss based on the retail price.

Understand the effect of operating expenses on pricing and profitability.

---

Definitions:

Oedipus Complex

In Freudian theory, the desire young boys have to get rid of their father and take his place in their mother’s affections.

Electra Complex

In Freudian theory, the process by which young girls blame their mother for their “castrated” condition, transfer their love to their father, and compete with their mother for their father’s affection.

Primary Anxiety

a fundamental form of anxiety that is not a response to a specific stressor but rather a general sense of unease or dread.

Repression

A defense mechanism where unpleasant feelings, memories, or impulses are excluded from conscious awareness.