Many Companies Do Not Identify and Act on the Correct

question 17

Multiple Choice

Many companies do not identify and act on the correct non-financial measures.One four major mistakes that companies make is _______.In other words,they do not verify that the non-financial measures lead to financial performance.

• A) Not linking measures to strategy
• B) Not validating the links
• C) Not setting the right performance targets
• D) Measuring incorrectly
• E) Not creating a balanced scorecard

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Definitions:

General Types

This refers to broad categories or classifications of a concept, item, or phenomenon based on shared characteristics or qualities.

Work Preference

An individual's inclination or desire towards a certain type of work environment, task, or job role.

Reward System

A structured mechanism within organizations designed to recognize and reward employee performance and behavior.

Organizational Culture

The set of shared values, beliefs, norms, and practices that characterizes an institution or organization.