A management tool that assesses organizational progress toward strategic goals by measuring performance in a number of different areas is
A) balanced scorecard.
B) BCG growth-share matrix.
C) SWOT analysis.
D) Web analytics.

Question

Quizplus · Accepted Answer

The balanced scorecard is a management tool that measures organizational performance in multiple areas, such as financial, customer, internal processes, and learning and growth. It assesses progress towards strategic goals and helps organizations align their actions with their overall strategy. The other options, such as BCG growth-share matrix, SWOT analysis, and web analytics, are useful management tools but do not specifically measure progress towards strategic goals like the balanced scorecard does.

A Management Tool That Assesses Organizational Progress Toward Strategic Goals