For a firm to have balanced measures,what must the measures selected be balanced between?
A)lag and lead measures,objective and subjective measures,and financial and nonfinancial measures.
B)lag and lead measures,long-term and short-term measures,and financial and nonfinancial measures.
C)lag and lead measures,objective and subjective measures,and international and local measures
D)lag and lead measures,objective and subjective measures,and financial and nonfinancial measures

Question

Quizplus · Accepted Answer

For a firm to have balanced measures, the measures selected should be balanced between lag and lead measures, objective and subjective measures, and financial and nonfinancial measures. Option D is the only choice that includes all three of these balancing factors. Option A includes international and local measures, which is not a component of balance measures. Option B includes long-term and short-term measures, which is a good balancing factor, but not as critical as the other three. Option C also includes international and local measures, which as stated earlier, is not one of the balancing factors of balanced measures.

For a Firm to Have Balanced Measures,what Must the Measures