What is a result from using the balanced scorecard approach to control?
A)The approach forces managers at each level of the company to set specific goals and measure performance in each of four areas.
B)The approach places greatest priority on the most important aspect of control: the financial perspective.
C)The approach maximizes the chances of suboptimization.
D)The approach looks only at factors within a company's controllable environment.

Question

What is a result from using the balanced scorecard approach to control?
A)The approach forces managers at each level of the company to set specific goals and measure performance in each of four areas. 
B)The approach places greatest priority on the most important aspect of control: the financial perspective. 
C)The approach maximizes the chances of suboptimization. 
D)The approach looks only at factors within a company's controllable environment.

Quizplus · Accepted Answer

The balanced scorecard approach forces managers at each level of the company to set specific goals and measure performance in each of four areas: financial, customer, internal business processes, and learning and growth. This helps to ensure a more balanced approach to control and provides a more comprehensive view of the organization's performance.

What Is a Result from Using the Balanced Scorecard Approach