The steps for implementing a balanced scorecard:
A)Are different in for-profit and not-for-profit organizations
B)Should be customized for individual organizations
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 as different organizations may have different goals, stakeholders, and areas of focus. While there are some common steps involved, such as developing measures in each perspective, the specific implementation process should be tailored to the organization's unique needs and objectives.

The Steps for Implementing a Balanced Scorecard