The cost and effectiveness of research and development is part of which of the following balanced scorecard perspectives?
A)Financial Perspective
B)Learning and Growth Perspective
C)Customer Perspective
D)Internal Perspective

Question

Quizplus · Accepted Answer

The Learning and Growth Perspective of the Balanced Scorecard focuses on the intangible assets of an organization, particularly human capital, information capital, and organizational capital. Research and development (R&D) activities are crucial for innovation and growth, which are key components of this perspective. It emphasizes the importance of continuous improvement and the development of new products and services, which are directly related to R&D efforts.

The Cost and Effectiveness of Research and Development Is Part