Following are some of the steps in implementing a balanced scorecard. Which one of these steps would be performed last?
A)Investigate variances and reward employees
B)Collect and analyze scorecard data to monitor performance
C)Clarify organizational vision and strategies
D)Establish action plans

Question

Quizplus · Accepted Answer

Investigating variances and rewarding employees would typically be performed at the end of a reporting period, after all the other steps have been completed. This step involves analyzing performance data and determining which areas require improvements or changes, and then developing plans to address those areas. Once the plans have been implemented and the results evaluated, employees can be rewarded for their contributions to the organization's success.

Following Are Some of the Steps in Implementing a Balanced