A primary purpose of a balanced scorecard is to give
A)managers a way to judge past performance.
B)stockholders a way to judge current performance.
C)managers a way to forecast future performance.
D)stockholders a way to tie strategy to profitability.

Question

Quizplus · Accepted Answer

A balanced scorecard is a performance measurement system that helps managers track and evaluate the success of their organization's strategy. It is designed to provide a comprehensive view of performance by measuring financial, customer, internal process, and learning and growth metrics. By tracking these metrics, managers can identify areas where the organization is performing well and areas where it needs to improve.

A Primary Purpose of a Balanced Scorecard Is to Give