The Strategic Management System That Translates an Organization's Mission and Strategy

question 8

Multiple Choice

The strategic management system that translates an organization's mission and strategy into operational objectives and performance measures is

• A) activity-based management.
• B) responsibility accounting.
• C) strategic accounting.
• D) cost information management.
• E) Balanced Scorecard.

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Definitions:

Vulnerable

A state of being open to harm, damage, or attack due to weaknesses or exposed positions.

Leadership

The ability to influence, inspire, and guide others to achieve a common goal.

Transactional Leadership

A leadership style that focuses on the exchanges that occur between leaders and their followers, where leaders reward or discipline followers based on performance.

Personal Abilities

The skills, talents, and competencies that an individual possesses, which can contribute to their performance in various tasks or roles.