Strategic Milestones,Balanced Scorecards,and Strategy Maps Are All Devices Which Aim

question 42

Multiple Choice

Strategic Milestones,Balanced Scorecards,and Strategy Maps are all devices which aim to:

• A)Overcome agency problems in multibusiness corporations.
• B)Improve the effectiveness of strategy execution.
• C)Empower divisional and business unit managers.
• D)Ensure more effective corporate control over divisional financial performance.

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Definitions:

Performance Ratings

Assessments used to evaluate an employee's job performance over a specific period using predefined criteria.

Filtering

The process of modifying or withholding information as it passes through different levels or channels within an organization, which can distort the message received.

Encoding

The process of transforming thoughts or feelings into a form that can be understood by others, often in language or symbols.

Writing a Letter

The process of composing a message on paper, typically for communication or to convey a specific intention to the recipient.