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By Supplying a Mechanism for Strategic Feedback and Review, the Balanced

question 21

Essay

By supplying a mechanism for strategic feedback and review, the Balanced Scorecard helps organizations foster what kind of learning


Definitions:

Agent

A person who is performing an act for another person, called the principal

Principal

A person for whom another person, called the agent, is performing some act.

Asymmetric Information

A condition in which one party in a transaction has more or superior information compared to another, potentially leading to an imbalance in the transaction.

Buyer

An individual or entity that purchases goods or services from another entity, typically in the context of an economic market.

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