In Creating a Balanced Scorecard,increasing Operating Income Through Cost Reduction

question 18

Multiple Choice

In creating a balanced scorecard,increasing operating income through cost reduction would belong to which category of performance measures?

• A)Learning and Growth
• B)Internal Business Processes
• C)Customer
• D)Financial

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Definitions:

Net Worth

The total assets owned by an individual or entity minus the total liabilities owed; a measure of financial health.

Modern Slavery

Modern slavery encompasses forms of exploitation that deprive someone of their freedom for personal or commercial gain, including human trafficking, forced labor, and debt bondage.

Wealthy Relatives

Family members who possess a considerable amount of wealth, assets, or financial resources.

Trapped

A feeling of being unable to escape or improve one's situation, often due to external constraints or psychological barriers.