The Balanced Scorecard Reduces Managers' Emphasis on ________,Such as Quarterly

question 19

Multiple Choice

The balanced scorecard reduces managers' emphasis on ________,such as quarterly earnings.

• A)internal conflicts
• B)incentive driven success
• C)organizational awareness
• D)short-run financial performance
• E)long-run financial performance

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Definitions:

Mental Accounting

A concept in behavioral economics that refers to the different values people place on money, based on subjective criteria, affecting economic decision-making.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses, often leading to statistical errors.

Affect Heuristic

A mental shortcut used in decision making and judgement that involves relying on emotions and feelings.