This Concept Was Developed as a Way for Businesses to Obtain

question 2

Multiple Choice

This concept was developed as a way for businesses to obtain a balanced perspective on performance by combining financial data with other considerations.

• A)Financial ratios
• B) Balanced scorecard
• C) Common indicators
• D) Cost-benefit analysis

---

Definitions:

Unemployment Rate

The rate of active job seekers in the labor force without current employment.

Unemployment Benefits

Financial payments made by the state or other authorized bodies to unemployed people.

World War II

A global conflict lasting from 1939 to 1945, involving most of the world's nations and marked by significant events, battles, and shifts in power.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, income, employment, industrial production, and wholesale-retail sales.