Which of the Following Is True About the Balanced Scorecard

question 66

Multiple Choice

Which of the following is true about the balanced scorecard?

• A)It is similar to most measures of company performance.
• B)It uses indicators important to the company's strategy.
• C)It is a standardized instrument of company performance.
• D)It should not be applied to HR practices.
• E)It is one of the measures of traditional performance for the company.

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Definitions:

Common Law

A legal system based on custom, court rulings, and precedents rather than codified laws.

Permanently Replaced Strikers

Workers who go on strike and are then permanently replaced by the employer, a situation possible under certain labor laws, notably in the United States.

Hot Cargo Agreements

Agreements between labor unions and employers that prohibit the employer from handling, using, or dealing with goods produced by a company targeted by a union boycott.

Monopolies

Market structures in which a single seller dominates trade in a good or service, often leading to reduced competition and higher prices.