The Four Perspectives of a Balanced Scorecard Are

question 40

Multiple Choice

The four perspectives of a balanced scorecard are:

• A)Economic, non-economic, community, and social responsibility
• B)Financial, customer, internal business processes, and learning and growth
• C)Cost centres, revenue centres, profit centres, and investment centres
• D)Financial, nonfinancial, accounting, and non-accounting

Identify management approaches based on the situation and management theories.

Differentiate between Theory X and Theory Y management styles.

Describe the characteristics of open and closed systems in organizations.

Apply the concepts of scientific management and its contribution to modern management practices.

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Definitions:

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours, affecting sleep patterns, hormone release, and other bodily functions.

Plants

Living organisms belonging to the kingdom Plantae that typically produce their own food through photosynthesis and have cell walls.

Depressants

Substances that reduce the activity of the central nervous system, often used to induce calmness, reduce anxiety, or promote sleep.