Which of the following best describes a strategy map?
A)A strategy map is a categorized list of a firms strategic objectives,critical success factors (CSFs),and key performance indicators (KPIs).
B)A strategy map is a collection of all a firm's activity and structure model diagrams.
C)A strategy map is a visual representation of a firm's current and planned geographic operations and markets.
D)A strategy map is a one-page representation of a firm's strategic priorities and the cause-and-effect linkages among them.

Question

Quizplus · Accepted Answer

A strategy map is a one-page visual representation of a firm's strategic priorities and the cause-and-effect linkages among them. It is used to communicate the organization's strategy to employees at all levels and helps align and prioritize initiatives to achieve the overall strategic objectives. Option A is partially correct but does not capture the visual aspect of a strategy map, while options B and C are incorrect as they describe different types of diagrams or maps not related to a firm's strategic plan.

Which of the Following Best Describes a Strategy Map