On a balanced scorecard,which of the following would be most appropriate to measure innovation:
A)Rapid time-to-market of new products
B)Corporate financial profits
C)On-time delivery
D)Manufacturing cycle efficiency

Question

Quizplus · Accepted Answer

Rapid time-to-market of new products would be the most appropriate measure of innovation on a balanced scorecard as it focuses on the speed and effectiveness of bringing new and innovative products to market. The other options (financial profits, on-time delivery, and manufacturing cycle efficiency) are more related to operational efficiency and financial performance.

On a Balanced Scorecard,which of the Following Would Be Most