Which of the following statements is true about the financial perspective of a balanced scorecard?
A) Economic value added refers to a measure of the value a company provides to its shareholders.
B) During the growth stage,profitability outweighs investment.
C) When an organization introduces a new product,business is in the sustain phase.
D) The harvest stage is the stage of business where the company is investing and extracting money.

Question

Quizplus · Accepted Answer

Economic value added (EVA) is a measure of the value a company generates for its shareholders. It is a financial performance metric that takes into account the cost of capital and the return on investment.

Which of the Following Statements Is True About the Financial