If Managers Do Not Recognize from the Beginning That the Balanced

question 49

Multiple Choice

If managers do not recognize from the beginning that the balanced scorecard is not a ________ and fail to commit to it long term,the organization will be disappointed.

• A) panacea
• B) quick fix
• C) marketing ploy
• D) cheap solution

---

Definitions:

Psychosexual Development

Freud's theory that childhood development occurs in a series of fixed psychosexual stages, each focused on erogenous zones that shape personality.

Anal Phase

The second stage in Freud's psychosexual development, focusing on bowel and bladder elimination and control issues.

Self-Serving Bias

The common tendency to attribute positive events to one's own character but attribute negative events to external factors.

Better-Than-Average Effect

The cognitive bias where individuals overestimate their own qualities and abilities compared to others.