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Explain Why an Organization Should Not Use Only Financial Measures

question 60

Essay

Explain why an organization should not use only financial measures to monitor performance.


Definitions:

Immature Defense Mechanisms

Psychological strategies used unconsciously to protect oneself from anxiety and to manage emotional conflict and stress.

Oral Stage

A stage in Freud's psychosexual development theory, occurring in the first year of life, where pleasure is centered on oral activities such as feeding and sucking.

Reaction Formation

A defense mechanism where an individual acts in a manner opposite to their actual feelings or impulses.

Psychic Energy

A concept in psychoanalysis that refers to the force or influence behind human behaviors, emotions, and thoughts, often tied to unconscious processes.

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