The first step in implementing a balanced scorecard is to clarify organisational vision, core competencies, and strategies. The vision:
A) Is another name for the organisation's strengths and weaknesses
B) Provides an explicit plan for daily operations
C) Provides an overall direction for the organisation
D) Should explicitly incorporate all core competencies

Question

Quizplus · Accepted Answer

The vision provides an overall direction for the organization, guiding its long-term strategy and helping align its goals and objectives.

The First Step in Implementing a Balanced Scorecard Is to Clarify