Balanced Scorecard Is Methodology for Assessing an Organization's Business Performance

question 81

True/False

Balanced scorecard is methodology for assessing an organization's business performance via four components: (1) financial, (2) internal business process, (3) customers, and (4) innovation and improvement activities.

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Definitions:

Portfolio Analysis

The process of evaluating the performance, risk, and return of investment assets within a portfolio.

Gap Analysis

A technique for determining the difference between the current performance of an organization and its desired performance.

Root Cause Analysis

A method of problem solving that aims to identify the fundamental cause of a problem or issue.

Foreign Investment

Capital investment made by individuals or entities in one country into business interests located in another country.