Which of the following statements is a possible pitfall while implementing a balanced scorecard?
A) Managers using cost-benefit considerations while designing a balanced scorecard.
B) Managers ignoring
C) Managers using subjective measures in the balanced scorecard.
D) Top management ignoring nonfinancial measures when evaluating employee performance.

Question

Quizplus · Accepted Answer

Ignoring nonfinancial measures can lead to an incomplete assessment of performance, as the balanced scorecard is designed to incorporate both financial and nonfinancial metrics to provide a comprehensive view of organizational performance.

Which of the Following Statements Is a Possible Pitfall While