The Balanced Scorecard can be used to translate strategic plans and mission statements into a set of objectives and performance metrics that ____________.
A)Are subjective and objective
B)Can be quantiﬁed and measured.
C)Are financial and reported to the SEc.
D)Focus on cash flows and market share.

Question

Quizplus · Accepted Answer

The Balanced Scorecard helps translate strategic plans and mission statements into objectives and performance metrics that can be quantified and measured. This allows for a more objective and results-oriented approach to evaluating performance. The other options listed are not necessarily requirements of the Balanced Scorecard method.

The Balanced Scorecard Can Be Used to Translate Strategic Plans