List the Four Major Perspectives of a Balanced Scorecard

question 79

Essay

List the four major perspectives of a balanced scorecard.

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Definitions:

Economic Trends

The general direction in which an economy is moving, based on statistical measures such as growth rates, inflation, and unemployment.

Social Trends

Patterns of change or stability in societal behaviors, attitudes, and cultural norms over time, which influence various aspects of society such as consumer behavior.

Global Expansion

Refers to a company's growth beyond its original national boundaries into international markets.

Middle Class

A socio-economic group between the working class and upper class, characterized by moderate income, education, and usually employment in professional or managerial positions.