Nonprofit and Government Organizations

question 19

Multiple Choice

Nonprofit and government organizations:

• A)cannot use the Balanced Scorecard because they have no customers.
• B)cannot use the Balanced Scorecard because they have no financial objective.
• C)may use the Balanced Scorecard by adding a social impact perspective to the top of the strategy map.
• D)may use the Balanced Scorecard by not linking it to mission and strategy.

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Definitions:

Factory Labor

Work performed by individuals in manufacturing settings, often characterized by repetitive tasks, long hours, and, historically, substandard working conditions.

Real Income

The income of an individual or group after adjusting for inflation, reflecting the true purchasing power of the money earned.

Working-Class Americans

Individuals in the United States who are employed in manual labor or industrial jobs, often with lower wages and less job security.

Profound Recession

A term indicating a severe and prolonged economic downturn, deeper than a standard recession, with significant impacts on employment and economic growth.