Which of the following statements describes financial measures as a part of the balanced scorecard?
A) They relate to client attraction, satisfaction, and retention.
B) They focus on innovation and proceeds with an understanding that strategies change over time.
C) They relate to organizational efficiency.
D) They focus on corporate social responsibility.
E) They relate to organizational effectiveness and profits.

Question

Quizplus · Accepted Answer

Financial measures in the balanced scorecard relate to organizational effectiveness and profits, as they assess the financial performance and profitability of an organization.

Which of the Following Statements Describes Financial Measures as a Part