The items you create in Performance Scorecard, such as strategy elements and measures are called business objects. Business objects enable you perform different tasks. For example, you build strategy trees that represent corporate or departmental strategy by first creating and then organizing strategy elements. Similarly, to create scorecards to assess the performance of employees, accountability teams, and strategy elements, you must first create the measures to use on these scorecards.
The interaction of business objects is called an application. Changes to business objects are recorded in the Audit Report that an administrator can access.
See Business Objects.
Oracle recommends that you create business objects in the sequence identified in Building Applications.