Which one of the following is a performance measurement tool that looks at four areas that contribute to a company's performance?
A) market value method
B) triple bottom line method
C) balanced scorecard approach
D) information control approach

Question

Quizplus · Accepted Answer

The balanced scorecard approach is a performance measurement tool that looks at four areas that contribute to a company's performance: financial, customer, internal processes, and learning and growth. The market value method is a way to determine a company's value based on its stock price and number of outstanding shares. The triple bottom line method evaluates a company's social, environmental, and financial performance. The information control approach is a system for managing and controlling information within a company. Therefore, the balanced scorecard approach is the best choice that matches the given description.

Which One of the Following Is a Performance Measurement Tool