The Balanced Scorecard Has Gained Little Acceptance as an Approach

question 90

True/False

The balanced scorecard has gained little acceptance as an approach to establish effective performance measurement.

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Definitions:

Importance Weights

A concept in decision-making and analysis that refers to the relative significance or contribution of various factors or criteria in evaluating outcomes or making choices.

Multi-Attribute Attitude Models

Psychological models used to predict consumer attitudes and behaviors by analyzing specific beliefs related to several attributes of a product or service.

Fishbein Model

A model in psychology that predicts behaviors based on the strength and evaluation of beliefs about the behavior's outcome, integrating attitudes and norms.

Salient Beliefs

Prominent or most noticeable beliefs held by an individual which strongly influence attitudes and behavior.