The Balanced Scorecard Is ________

question 54

Multiple Choice

The balanced scorecard is ________.

• A) an average of foreign-exchange rates
• B) an approach to performance measurement
• C) used widely by U.S. firms but not European firms
• D) not very successful at linking financial and nonfinancial performance

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Definitions:

Two-Factor Theory

A psychological theory proposing that emotional experiences arise from a combination of a state of physiological arousal and a cognitive interpretation of that arousal.

Evolutionary Theories

A set of propositions that explain how biological traits and behaviors of organisms have developed over time through the process of natural selection and genetic variation.

Financial Prospects

Expectations or outlooks for future financial performance or potential for growth and profitability.

Good Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.