How Is the Use of a Balanced Scorecard as a Performance

question 209

Essay

How is the use of a balanced scorecard as a performance evaluation system helpful to companies?

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Definitions:

Behaviour

The actions or reactions of individuals, in response to external or internal stimuli, often observed and studied in psychology and sociology.

Classical Conditioning Theory

A conditioning technique where pairing two stimuli repeatedly results in a response, originally provoked by the second stimulus, being evoked by the first stimulus alone.

Positive Feelings

Emotions or sensations that are pleasant, uplifting, or enjoyable, contributing to a sense of well-being.

Digital Camera

An electronic device that captures and stores photographs digitally, rather than using film, allowing immediate viewing and manipulation.