The Set of Four 'Perspectives' of the 'Balanced Scorecard' Is

question 13

Multiple Choice

The set of four 'perspectives' of the 'balanced scorecard' is:

• A) political,environmental,social,technological
• B) supplier,customer,internal business,innovation and learning
• C) financial,customer,internal business,innovation and learning
• D)financial,operational,logistical,research and development

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Definitions:

Accounting Profits

The net income of a company calculated by subtracting total expenses from total revenues, following accounting rules.

Natural Monopoly

A market condition where due to high fixed costs or unique resources, a single firm can supply a product or service at a lower cost than any potential competitor, thus dominating the market.

Natural Monopoly

A market situation where a single supplier is most efficient in providing goods or services due to the high fixed or startup costs relative to the size of the market.

Per-unit Cost

The cost associated with producing a single unit of a product, including all variable and fixed costs divided by the total output.