The balanced scorecard approach to performance evaluation:
I. Is less time consuming and expensive than other approaches
II. Helps managers integrate strategies across divisions and functions
III. Assists managers in predicting possible future problems
A)I and III only
B)I and II only
C)II and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

The balanced scorecard approach helps managers integrate strategies across divisions and functions, as well as assists managers in predicting possible future problems. However, it is not necessarily less time consuming and expensive than other approaches. Therefore, options A and B are incorrect, and option D is too broad and encompasses all possible choices.

The Balanced Scorecard Approach to Performance Evaluation