Which of the Following Best Describes a Balanced Scorecard

question 93

Multiple Choice

Which of the following best describes a balanced scorecard?

• A) a combination of performance measures directed toward the company's long- and short-term goals and used as the basis for awarding incentive pay
• B) a performance review process where the organization collects feedback from customers, managers, and subordinates; assigns ratings; and lists them on the company's performance card
• C) an arrangement in which the organization distributes shares of stock to all its employees by placing the stock into a trust
• D) a type of incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary
• E) a system designed to measure the performance of HR personnel based on the quality of recruitment

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Definitions:

Committees

Groups of persons appointed or elected to consider, investigate, and report on or act regarding specific matters or issues.

NLRA

The National Labor Relations Act of 1935; a foundational statute of US labor law which protects the rights of employees to organize, bargain collectively, and engage in other activities for their mutual aid or protection.

Dominant Paradigm

The prevailing set of beliefs, values, or techniques within a particular society or field that shapes its worldview and approach to problems.

Scientific Management

A management theory that advocates for the optimization of labor productivity through scientific methods and detailed analysis of work tasks.