A tool used to measure the effectiveness of executed strategies is the _________ which evaluates the company's financial and strategic objectives.
A)strategic management process
B)change management process
C)balance scorecard
D)SWOT analysis

Question

Quizplus · Accepted Answer

The balance scorecard is a tool that is used to measure the effectiveness of executed strategies by evaluating a company's financial and strategic objectives. The balance scorecard provides a balanced view of an organization's performance by measuring important metrics in four areas: financial, customer, internal process, and learning and growth. This allows organizations to see how well they are performing and whether they are making progress towards their goals. The other options listed are not tools specifically used for measuring the effectiveness of strategies.

A Tool Used to Measure the Effectiveness of Executed Strategies