Which of the Following Is an Example of a Fifth

question 6

Multiple Choice

Which of the following is an example of a fifth perspective that some organizations may want to add to their balanced scorecard?

• A)Supplier relations
• B)Community involvement
• C)Environmental impact
• D)Any of these answer choices are correct

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Definitions:

Modernization Theory

A theory in sociology that posits countries go through a process of social evolution, from traditional to modern stages, with industrialization and economic growth as key components of development.

Internal Characteristics

The innate or inherent traits, qualities, or attributes of an individual or entity, often distinguishing them from others.

Dependency Theorist

A scholar who advocates for the dependency theory, which suggests that economic conditions in poorer countries are largely the result of exploitative policies and practices by wealthier nations.

Multinational Corporations

Large companies that operate and have subsidiaries in several countries around the world, extending their influence across national borders.