If Managers Do Not Recognize from the Beginning That the Balanced

question 49

Multiple Choice

If managers do not recognize from the beginning that the balanced scorecard is not a ________ and fail to commit to it long term,the organization will be disappointed.

• A) panacea
• B) quick fix
• C) marketing ploy
• D) cheap solution

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Definitions:

Rate of Return

The percentage of increase or decrease in the value of an investment over a specified period of time.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Cumulative Voting

A voting system that allows shareholders to concentrate their vote allocation among one or more candidates, enhancing minority shareholders' ability to elect a director.

Straight Voting

A corporate voting procedure in which shareholders may cast all votes for a single candidate for the board.