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The Balanced Scorecard Is a Management System, in Addition to a Measurement

question 31

True/False

The balanced scorecard is a management system, in addition to a measurement system, that enables organizations to clarify their visions and strategy and translate them into action.


Definitions:

Episodic Memories

Memories of personally experienced events and the contexts in which they occurred.

Declarative Memories

Memories of facts, rules, concepts, and events (“knowing that”); they include semantic and episodic memories.

Semantic Memories

A subcategory of declarative memory that records the meanings, understandings, and other concept-based knowledge unrelated to personal experiences.

Episodic Memories

Memories of specific events or experiences, including the context in which they occurred, such as time and place.

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