Which of the Following Best Describes How Using Structured Strategic

question 37

Multiple Choice

Which of the following best describes how using structured strategic management processes such as the Balanced Scorecard can have an impact on companies?

• A)Allows firms to more accurately estimate the cost of implementing new technologies.
• B)Enhances the efficiency and speed of supply chain transactions.
• C)Helps tie the use of supporting technologies to successful performance.
• D)Allows executives to have a dashboard view of key performance metrics.

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Definitions:

On-the-job Training

Instruction and training provided to employees at their workplace, emphasizing practical skills and knowledge for their specific job roles.

Analytic Intelligence

One’s ability to analyze, evaluate, judge, compare, and contrast information.

Intrinsically Important

Valued for its own sake or essence, rather than for its utility in achieving something else.

Abstract Thinking

The ability to consider concepts, possibilities, and ideas that are not immediately visible, tangible, or concrete.