One of the strengths of the balanced scorecard is its ability to provide guidance for improvements. Those improvements can be related to: $\begin{array}{llcc}
\text { I } & \text { Cost reductions} \
\text { II } & \text { Employee morale } \
\text { III } & \text {Decision making }\
\end{array}$

A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

Question

One of the strengths of the balanced scorecard is its ability to provide guidance for improvements. Those improvements can be related to: $\begin{array}{llcc}
 \text { I } &    \text { Cost reductions} \
 \text { II } & \text { Employee morale } \
 \text { III } & \text {Decision making }\
\end{array}$

A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

Quizplus · Accepted Answer

The balanced scorecard is a strategic planning and management system used for business and industry, government, and nonprofit organizations worldwide. It is designed to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals. It encompasses various aspects of an organization's performance, including financial measures, customer knowledge, internal business processes, and learning and growth. Therefore, it can provide guidance for improvements in cost reductions, employee morale, and decision-making processes, making all the given options (I, II, and III) correct.

One of the Strengths of the Balanced Scorecard Is Its