When Creating a Balanced Scorecard,the Following Guidelines Should Be Followed

question 20

Multiple Choice

When creating a balanced scorecard,the following guidelines should be followed in choosing performance measures except:

• A)There should not be too many performance measures.
• B)There should be more financial measures than any of the other categories.
• C)The measures should be consistent with company strategy.
• D)Employees should be able to understand and have control over the performance measures on which they are evaluated.

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Definitions:

Feelings Of Security

Emotional states characterized by a sense of safety, stability, and confidence in facing life's challenges.

Self-Actualization

Self-actualization is a concept from humanistic psychology representing the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Logistical Function

The aspect of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information.

Transactional Function

Activities involved in transferring ownership or physical possession of goods from one party to another.