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What Is the Meaning of the Term "Balanced Scorecard"? What

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What is the meaning of the term "balanced scorecard"? What are the merits of using a balanced scorecard in judging a company's performance?


Definitions:

Prophase

First phase of mitosis; characterized by the condensation of the chromatin; chromosomes are visible, but scattered in the nucleus.

Diploid Number

The total number of chromosomes in a cell or organism, consisting of two sets, one inherited from each parent; symbolized as 2n.

Chromosomes

Structures within cells that contain DNA and protein, organizing genetic information for cell division and inheritance.

Daughter Cell

The cells that result from the division of a single parent cell.

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