A Measure Map Is an Important Aspect of the Balanced

question 36

Multiple Choice

A measure map is an important aspect of the balanced scorecard performance measurement system. Which of the following describes the role of the measure map?

• A)The measure map shows the expected relationships among the mission and strategic objectives of the organization.
• B)The measure map provides the production departments with the metrics and measurements needed to build the products.
• C)The measure map shows the expected relationships among the performance metrics chosen by the organization.
• D)The measure map is representative of the value chain of the organization.

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Definitions:

Data Repository

A data repository is a central location in which data is stored and managed, typically used to aggregate, organize, and make data accessible for analysis and reporting.

Sensitivity Analysis

A method used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

"What If"

A speculative question or scenario analysis technique used in planning and decision-making to explore potential outcomes.

Buying Behavior

The decision-making process and actions of consumers that precede the purchase of goods or services.