The steps for implementing a balanced scorecard
A) Are different in for-profit and not-for-profit organisations.
B) Should be customised for individual organisations.
C) Should not vary if the implementation is to be effective.
D) Begin with developing measures in each perspective.

Question

Quizplus · Accepted Answer

The steps for implementing a balanced scorecard should be customized for individual organizations, taking into consideration their specific goals, objectives, and context. While there are general guidelines and best practices for implementing a balanced scorecard, the actual implementation process will vary depending on the organization's unique circumstances. Therefore, it is important to tailor the implementation process to the specific needs and goals of the organization.

The Steps for Implementing a Balanced Scorecard