The Basic Form of a Balanced Scorecard Is the Same

question 39

True/False

The basic form of a Balanced Scorecard is the same for all organizations and industries.

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Definitions:

Returns To Scale

The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.

Increasing Returns To Scale

See Economies of scale.

Economies Of Scale

Exist when average costs fall as output increases.

Diseconomies Of Scale

Exist when average costs rise with output.