A representation that provides a visual view of an organisation's strategy with a single-page view of how objectives in the four balanced scorecard perspectives integrate and combine to guide strategy is known as a:
A) Core compentencies
B) Strategy map
C) Mission statement
D) Value chain

Question

Quizplus · Accepted Answer

A strategy map is a visual tool that depicts an organization's strategy on a single page. It integrates objectives from the four balanced scorecard perspectives (financial, customer, internal processes, and learning and growth) to guide strategy. Option A (core competencies) refers to the unique strengths of an organization that sets it apart from others. Option C (mission statement) is a declaration of an organization's purpose and focus. Option D (value chain) refers to the series of activities that an organization performs to create value for its customers.

A Representation That Provides a Visual View of an Organisation's