The _____ was created to help businesses translate strategy into action by identifying the most critical measures to drive business success and linking long-term strategic goals with short-term operational actions.
A) ISO 9000 program
B) strategic review process
C) balanced scorecard
D) value chain analysis

Question

The _____ was created to help businesses translate strategy into action by identifying the most critical measures to drive business success and linking long-term strategic goals with short-term operational actions.
A) ISO 9000 program
B) strategic review process
C) balanced  scorecard
D) value chain analysis

Quizplus · Accepted Answer

The definition provided matches the concept of a balanced scorecard, which is a strategic management tool that helps businesses focus on the key performance indicators (KPIs) that are critical to achieving their objectives. The other options are not directly related to this definition, although they may be useful for other business purposes.

The _____ Was Created to Help Businesses Translate Strategy into Action