The First Step in Implementing a Balanced Scorecard Is to Clarify

question 62

Multiple Choice

The first step in implementing a balanced scorecard is to clarify organisational vision, core competencies, and strategies. The strategies:

• A) Are most effectively developed in a decentralised organisation
• B) Provide guidance for achieving the vision
• C) Are the core competencies of the organisation
• D) Should explicitly incorporate all core competencies

---

Definitions:

Organizational Resistance

The opposition or pushback by members within an organization against changes or new initiatives.

Interorganizational Agreements

Interorganizational agreements are formal contracts or partnerships between different entities to pursue shared objectives or projects.

Organization Design

The process of structuring an organization's roles, responsibilities, and systems to achieve its goals and strategy efficiently.

Organizational Resistance

Opposition or pushback from employees or members of an organization against changes or policies perceived as harmful or unwanted.