The Balanced Scorecard Approach to Performance Evaluation

question 87

Multiple Choice

The balanced scorecard approach to performance evaluation:
I. Is less time consuming and expensive than other approaches
II. Helps managers integrate strategies across divisions and functions
III. Assists managers in predicting possible future problems

• A)I and III only
• B)I and II only
• C)II and III only
• D)I, II, and III

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Definitions:

Public Good

A good that is both non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.

Property Rights

Legal rights to own, use, and manage assets or property.

Negatively Affects

Refers to a detrimental impact or influence one variable has on another within a specific context.

Air Traffic

The movement of aircraft within the airspace system, and the operational systems and personnel that control its flow to ensure safety and efficiency.