The Methodology That Uses a Classic Scorecard with Measures in All

question 33

Multiple Choice

The methodology that uses a classic scorecard with measures in all four scorecard dimensions to measure the value of IT is called:

• A) the balanced scorecard approach.
• B) the modified scorecard approach.
• C) the strategic imperative approach.
• D) None of the above.

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Definitions:

Uncompensated Impact

Uncompensated impact refers to effects borne by parties who are not directly involved in a transaction or activity and are not compensated for their losses.

Well-Being

The state of being comfortable, healthy, or happy, often considered in a broad perspective including physical, psychological, and social aspects.

Externalities

Externalities are effects of a transaction that are experienced by someone who is not directly involved in the transaction, either positively (positive externalities) or negatively (negative externalities).

Charities

Organizations dedicated to furthering a particular social cause or advocating for a shared point of interest, typically operating on a non-profit basis.