Which of the Following Statements Is Not True

question 22

Multiple Choice

Which of the following statements is not true?

• A) A balanced scorecard is an integrated set of performance targets,both financial and nonfinancial,that are derived from an organization's strategies about how to achieve its goals.
• B) Total quality management (TQM)seeks to continuously improve the government's ability to meet or exceed demands from customers who might be external,such as taxpayers and service recipients,or internal,such as the customers of an internal service fund.
• C) Service efforts and accomplishments (SEA)reporting links customer (taxpayer and other resource provider)satisfaction to improvements in the operating systems and processes used to provide goods and services.
• D) Customer relationship management (CRM)systems create an integrated view of a customer to coordinate services from all channels of the organization with the intent to improve the long-term relationship the organization has with its customer.

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Definitions:

Relative Cheaper

The comparison of the cost of one product or service to another, indicating that the former is less expensive.

Labor-Intensive

Describing a process or industry that requires a large amount of labor to produce its goods or services.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors, which enhances efficiency in international trade.

Production Possibilities

A curve or frontier representing the maximum combination of goods and services that can be produced efficiently with available resources and technology.