Companies use the balanced scorecard to describe strategy in detail through the use of a cause-and-effect diagram which is also known as a(n):

Question

Quizplus · Accepted Answer

The balanced scorecard is a strategic planning and management tool, and a cause-and-effect diagram, also known as a strategy map, is used to describe strategy in detail. Therefore, the correct answer is B, Strategy Map. The other options, Status Diagram, Performance Flowchart, Organizational Diagram, and Operational Work-through, are not commonly associated with the balanced scorecard.

Companies Use the Balanced Scorecard to Describe Strategy in Detail