A Popular Approach to Performance Measurement That Integrates Financial and Nonfinancial

question 64

Multiple Choice

A popular approach to performance measurement that integrates financial and nonfinancial measures and links them to the organization's goals and objectives is called the ________.

• A) balanced scorecard
• B) contribution approach
• C) quality control approach
• D) TQM approach

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Definitions:

Primary Process Thinking

A Freudian term describing the irrational and associative nature of the unconscious mind, often manifested in dreams.

Secondary Process Thinking

A rational, conscious thought process aimed at problem-solving, based on reality principle, in psychoanalytic theory.

Fixation

In psychology, a persistent focus or attachment to an object, concept, or stage of development, considered as a potential cause of psychological issues.

Oral Stage

The oral stage is the first stage in Freud's psychosexual development theory, where the mouth is the primary source of pleasure and conflict.