The Balanced Scorecard Evaluation Method Translates Broad Corporate Goals into Divisional

question 55

True/False

The Balanced Scorecard evaluation method translates broad corporate goals into divisional, departmental, team, and individual goals in a cascading way.

---

Definitions:

Organizational Change

The process by which organizations transform their structure, strategies, policies, processes, or culture to adapt and grow.

Organizational Systems

A framework of social arrangements to meet business or organizational goals, which includes rules, roles, and responsibilities.

Rewards

Benefits or compensation given to employees as recognition for their contributions or achievements.

Information Technology

The use of computers and telecommunications equipment to store, retrieve, transmit, and manipulate data.