The Balanced Scorecard ______

question 64

Multiple Choice

The balanced scorecard ______.

• A)is focused only on financial measures
• B)is useful only for manufacturing organizations
• C)is used by profit,nonprofit,and governmental organizations worldwide
• D)was very popular in the 1940s

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Definitions:

Local Conditions

The specific environmental, economic, and social conditions or circumstances that exist in a particular location or community.

World Best Practice

A benchmarking term referring to the highest current performance standards or methods in an industry or area of activity globally.

Employee Satisfaction

The level of contentment and positivity that employees feel towards their job and workplace environment.

Absenteeism

The frequent or habitual absence from work or duty without good reason, which can negatively impact productivity.