Why Is the Balanced Scorecard Method Said to Be "Balanced

question 15

Multiple Choice

Why is the balanced scorecard method said to be "balanced"?

• A) It uses measurable dimensions for assessing performance.
• B) It assesses both the internally focused and externally focused business processes.
• C) It measures performance along all major divisions of a firm, from production and manufacturing to human resources.
• D) It measures performance of all levels of a firm, from executives to operational employees and data workers.
• E) It measures performance of more than just financial systems.

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Definitions:

Ethical Behaviour

Acting in ways that are consistent with how one believes what is morally right or wrong.

Tough to Measure

Describes something difficult to quantify or assess accurately due to its complex, intangible, or variable nature.

Moral-rights View

An ethical perspective that emphasizes the importance of respecting and protecting individuals' rights in decision-making processes.

Contemporary Organizations

Modern organizations that are characterized by agile structures, technological integration, and a focus on innovation and adaptability to changing environments.