Performance Measures, Which Include Cost, Product Quality and Manufacture Cycle

question 63

Multiple Choice

Performance measures, which include cost, product quality and manufacture cycle time, are related to:

• A) financial perspective.
• B) customer perspective.
• C) internal business processes.
• D) learning and growth.

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Definitions:

Prior Experience

refers to the knowledge or skill that a person has gained before the current point in time or event.

TV

Short for television, a telecommunication medium used for transmitting moving images and sound, serving as a primary source of entertainment, news, and information.

Decision Making Process

The cognitive process leading to the selection of a course of action among several alternatives, often involving a recognition of the problem, information gathering, evaluation of alternatives, and making a final decision.

Herbert Simon

An American economist, political scientist, and cognitive psychologist known for his contributions to decision-making theory and bounded rationality.