What is the term for the strategic management system that translates an organization's mission and strategy into operational objectives and performance measures?
A)activity-based management
B)responsibility accounting
C)strategic accounting
D)Balanced Scorecard

Question

Quizplus · Accepted Answer

The term for the strategic management system that translates an organization's mission and strategy into operational objectives and performance measures is the Balanced Scorecard. The Balanced Scorecard framework aligns an organization's strategic objectives with key performance indicators (KPIs) in four categories: financial, customer, internal processes, and organizational learning and growth. This helps organizations to achieve their long-term goals by measuring and improving their performance in each of these areas.

What Is the Term for the Strategic Management System That