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Each of the Following Was an Effect of Cheap or Free

question 223

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Each of the following was an effect of cheap or free land during the 19th century except


Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization, improving internal and external communications and monitoring performance against strategic goals.

Lagging Indicator

A metric that shows the effects of economic events, trends, or investment performance after they have occurred.

BSC Performance Perspectives

The four angles (financial, customer, internal processes, and learning & growth) through which the Balanced Scorecard evaluates an organization's performance.

Leading Indicator

An economic or financial metric that predicts future trends and economic changes before they happen.

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