What is a management system, in addition to a measurement system, that enables organizations to clarify their vision and strategy and translate them into action?
A) The balanced cycle time
B) Porter's five forces
C) Porter's three generic strategies
D) The balanced scorecard

Question

Quizplus · Accepted Answer

The Balanced Scorecard is a management system that helps organizations translate their vision and strategy into action by using a balanced set of financial and non-financial measures to monitor performance.

What Is a Management System, in Addition to a Measurement