On Which of the Following Does a Balanced Scorecard Approach

question 10

Multiple Choice

On which of the following does a balanced scorecard approach focus on?

• A) Strategic objectives
• B) Critical success factors
• C) Performance measures at all levels of the business
• D) All of the given answers

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Definitions:

Microeconomist

An economist focused on the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Microeconomist

A specialist in microeconomics, which deals with the economic behavior of individuals, households, and firms, and how decisions are made on the allocation of resources.

Macroeconomist

An economist who specializes in macroeconomics, studying aggregated indicators and the behavior of the economy as a whole, including inflation, unemployment, and economic growth.

Normative Statement

A statement that reflects an opinion, value judgment, or what ought to be, rather than what is empirically verifiable.