When It Comes to Finances,what Is the One Simple Question

question 93

Multiple Choice

When it comes to finances,what is the one simple question that the balanced scorecard focuses on?

• A)How do we look to our shareholders?  
• B)How are we performing for our customers?  
• C)Are we making a profit?  
• D)What is the bottom line?

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Definitions:

Bananas

A type of elongated, edible fruit produced by several kinds of large herbaceous flowering plants in the genus Musa.

Comparative Advantage

The ability of a country or firm to produce a particular good or service more efficiently than other goods or services, relative to other countries or firms.

Opportunity Cost

The sacrifice of potential advantages from different alternatives when opting for a particular one.

Production Cost

The total cost incurred by a firm in producing a specific quantity of a good or service, including both fixed and variable costs.