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How Does the Balanced Scorecard Tie Performance Measures to Organizational

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How does the balanced scorecard tie performance measures to organizational goals?


Definitions:

Adequacy of Consideration

An evaluation of whether something of legally sufficient value has been given in exchange for a promise or action, as part of a contract.

Fair Market Value

An estimate of the market value of a property, based upon what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.

Unilateral Contract

A type of contract in which only one party makes a promise or undertakes a performance in exchange for an act, rather than a promise, from the other party.

Consideration

A legal term referring to something of value exchanged between parties as part of a contract.

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