The balanced scorecard has gained little acceptance as an approach to establish effective performance measurement.

Question

Quizplus · Accepted Answer

The balanced scorecard has gained widespread acceptance as an approach to establish effective performance measurement. It is used by many organizations to align their business strategies with their goals and objectives, and to measure performance across multiple dimensions, such as financial, customer, internal processes, and learning and growth.

The Balanced Scorecard Has Gained Little Acceptance as an Approach