Balanced Scorecard (BSC)uses Four Metrics to Measure Performance-One Financial Metric

question 40

True/False

Balanced Scorecard (BSC)uses four metrics to measure performance-one financial metric and three nonfinancial metrics.

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Definitions:

Economic Concentration

The degree to which a small number of firms occupy a large proportion of the market in a particular industry.

Market Shares

The portion of a market controlled by a particular company or product.

Horizontal Merger

A business consolidation that occurs between firms that operate in the same industry.

Airline

A company that provides air transport services for traveling passengers and freight.