Both Balanced Scorecards and Six Sigma Are Performance Management Tools

question 39

True/False

Both balanced Scorecards and Six Sigma are performance management tools and methodologies.

Differentiate between ordinary (360-day year) and exact interest (365-day year) calculations.

Apply mathematical skills to compute both ordinary and exact interest.

Master the skill of rounding numbers to the nearest cent in financial calculations.

Utilize shortcut methods for interest calculation by rounding principals.

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Definitions:

Norris-LaGuardia Act

A 1932 U.S. federal law that limited courts' abilities to issue injunctions against non-violent labor disputes and encouraged collective bargaining.

Taft-Hartley Act

The Taft-Hartley Act, officially known as the Labor Management Relations Act of 1947, restricts the activities and power of labor unions in the United States.

NLRB

The National Labor Relations Board, a federal agency in the United States that enforces labor laws in relation to collective bargaining and unfair labor practices.

Unfair Labor Practice

Actions by employers or unions that violate employees' rights or the National Labor Relations Act.