Which of the Following Terms Represents the Performance Measurement Tool

question 5

Multiple Choice

Which of the following terms represents the performance measurement tool that looks at four areas-financial,customer,internal business process,and learning and growth assets-that contribute to a company's performance?

• A)EVA
• B)MVA
• C)benchmarking
• D)conformance quartile
• E)balanced scorecard

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Definitions:

Hybrid Cars

Vehicles powered by a combination of an internal combustion engine and one or more electric motors, utilizing both fuel and electricity.

Consumer Surplus

The gap between what consumers are prepared to pay for a good or service and what they actually do pay.

Binding Price Floor

A minimum price set by the government for certain goods and services that is above the equilibrium price, causing a surplus.

Unwanted Surplus

An excess of goods that exceeds consumer demand, leading to unsold stock and potential waste.