The primary aim of the balanced scorecard is to
A) Put less emphasis on financial measures because they are too narrowly focused
B) use performance indicators that are highly objective
C) Translate elements of a company's strategic plan into measurable performance indicators
D) Provide a truthful basis for evaluating managers' performance
Correct Answer:
Verified
Q22: Balanced scorecards, when properly implemented, can guide
Q23: Which of the following are inputs to
Q24: The balanced scorecard approach to performance evaluation:
I.
Q26: Which of the following is a synonym
Q29: An organizational vision is concerned with creating
Q31: Balanced scorecards can improve communication and consensus
Q33: Financial and nonfinancial indicators are used to
Q33: An organization's core competencies are related to
Q35: Nonfinancial measures include:
I. Cost variances
II. Defect rates
III.
Q39: Lack of senior management support is one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents