Which of the following statements best relates to the balanced scorecard's financial perspective?
A) How can we maximize profits for the current year?
B) How can we increase shareholder value?
C) How will we achieve continuous improvements?
D) How can we maximize customer satisfaction?

Question

Quizplus · Accepted Answer

The financial perspective in the balanced scorecard primarily focuses on creating long-term shareholder value, rather than just maximizing short-term profits. This involves measures such as revenue growth, profitability, return on investment, and cash flow, all of which contribute to increasing the overall value of the business.

Which of the Following Statements Best Relates to the Balanced