One Problem with Balanced Scorecards Is That They

question 173

Multiple Choice

One problem with balanced scorecards is that they:

• A)apply to executives rather than to non-management employees.
• B)rely on the company's share price to measure organizational performance.
• C)operate as an individual incentive.
• D)companies chose goals that easily measured rather than valuable.
• E)All of the answers are correct.

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Definitions:

Patents

Legal documents that grant inventors exclusive rights to their inventions for a certain period, preventing others from making, using, or selling them without permission.

Imitation

The act of copying or closely replicating the products, services, or processes of competitors or industry leaders.

Marginal Utility

The extra satisfaction or utility gained by consuming one more unit of a good or service.

Substitute Products

Products that can serve as replacements for each other when their prices change or consumer preferences differ.