Following Are Some of the Steps in Implementing a Balanced

question 61

Multiple Choice

Following are some of the steps in implementing a balanced scorecard. Which one of these steps would be performed last?

• A) Collect and analyse scorecard data to monitor performance.
• B) Clarify organisational vision and strategies.
• C) Investigate variances and reward employees.
• D) Establish action plans.

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Definitions:

Security

The state of being free from danger or threat, often referring to measures taken to protect a country, organization, or individual against risk.

Economic Deprivation

A condition where individuals or groups are unable to access or afford the basic needs for a comfortable life, often due to a lack of financial resources.

Nonroutine Collective Action

Group actions that are spontaneous or unplanned, often in response to an event or situation that deviates from societal expectations or routines.

Lynching

Extrajudicial execution carried out by a group, bypassing legal sanction to enforce perceived justice or supremacy, often racially motivated.