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An entrepreneur measured performance through profit, customer trust, employee well-being, and environmental impact. Which function does this illustrate?

Answer and explanation

Correct answer: Balanced performance evaluation

Balanced performance evaluation uses financial and non-financial indicators to judge broader organizational success. Profit matters, but trust, employee well-being, and environmental impact also affect long-term viability. Financial accounting alone or customer-service inspection would cover only part of the measures described.

Related tags

Balanced EvaluationSustainabilityQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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