A Key Benefit of Using the Balanced Scorecard to Evaluate

question 57

Multiple Choice

A key benefit of using the balanced scorecard to evaluate business performance is that:

• A) it is simple to implement.
• B) individual performance measures each have their limitations; the balanced scorecard gives a broader picture of performance.
• C) it is limited to financial measures, and so it keeps the focus on the "bottom line".
• D) it is a standardized measure, and so it can be readily used to compare companies in different industries on a consistent basis.

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Definitions:

Drinking Problem

A condition where an individual's consumption of alcohol causes harm to their health, social life, or both.

Under the Influence

This term refers to being under the effect of substances, like drugs or alcohol, which can alter one's cognition, mood, or behavior.

Denial

A mental coping strategy in which a person denies the existence of certain real-life facts, effectively shielding themselves from recognizing external truths.

Interpretation of Stressful Events

The personal cognitive assessment and meaning attributed to situations perceived as challenging or threatening.