The Balanced Scorecard Is an Information System Used for Making

question 85

True/False

The balanced scorecard is an information system used for making decisions.

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Definitions:

Organization Value

The core principles or ethics that guide an organization's actions and decisions.

Factor-Comparison Method

A systematic approach in job evaluation, where jobs are compared based on key factors to establish relative worth.

Benchmark Jobs

Key positions within an organization used as a standard or reference to evaluate the value of other jobs or to establish pay scales.

Job Analysis

Is the process of gathering and organizing detailed information about various jobs within an organization so that managers can better understand the processes through which they are performed most effectively.