Which of the following does the Balanced Scorecard NOT ADDRESS?
A) clarification and translation of vision and strategy
B) planning, setting targets and aligning strategic initiatives
C) provision of strategic feedback and learning
D) designing an appropriate mission statement

Question

Quizplus · Accepted Answer

The Balanced Scorecard focuses on translating a company's vision and strategy into operational objectives across four perspectives: financial, customer, internal process, and learning and growth. It does not directly involve designing an appropriate mission statement, which is typically a foundational step taken before the development of a strategic plan and the implementation of tools like the Balanced Scorecard.

Which of the Following Does the Balanced Scorecard NOT ADDRESS