The ____ is a performance management tool used to track performance over time,communicate and drive organizational strategy,identify strategic initiatives,and conduct periodic performance reviews to assess if goals are being met.
A) Scorecard
B) Balanced Scorecard
C) Business Scorecard
D) Management Scorecard

Question

Quizplus · Accepted Answer

The Balanced Scorecard is a comprehensive performance management tool designed to help organizations track performance over time, communicate and drive organizational strategy, identify strategic initiatives, and conduct periodic performance reviews to assess if goals are being met. It provides a balanced view of organizational performance by measuring financial, customer, internal processes, and learning and growth objectives.

The ____ Is a Performance Management Tool Used to Track