A "balanced scorecard" for measuring company performance
A)entails putting equal emphasis on financial and strategic objectives.
B)entails putting balanced emphasis on profit and nonprofit objectives.
C)prevents the drive for achieving financial objectives from overwhelming the pursuit of strategic objectives.
D)prevents the drive for achieving strategic objectives from overwhelming the pursuit of financial objectives.
E)strikes a balance between financial and strategic objectives.

Question

Quizplus · Accepted Answer

A balanced scorecard entails striking a balance between financial and strategic objectives. It ensures that the pursuit of financial objectives doesn't overshadow the pursuit of strategic ones and vice versa, resulting in a holistic view of the company's performance. A balanced scorecard includes measures from various perspectives, including financial, customer, internal processes, and learning and growth, to provide a comprehensive evaluation of the company's performance.

A "Balanced Scorecard" for Measuring Company Performance