Proponents of the Balanced Scorecard Approach to Control Assert That

question 11

Multiple Choice

Proponents of the balanced scorecard approach to control assert that it ________.

• A) focuses on financial ratios and budgetary controls in order to improve profits
• B) simplifies the design and implementation of control measures
• C) takes a retroactive approach to designing organizational controls
• D) links measures of organizational success more closely to strategic objectives

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Definitions:

Self-efficacy Theory

A theory developed by Albert Bandura that emphasizes the role of belief in one's own ability to complete tasks and achieve goals as crucial to success.

Reinforcement Value

The subjective attractiveness or desirability of a potential reward that influences the likelihood of achieving particular behaviors.

Efficacy Expectation

A belief about one's ability to perform behaviors that should lead to expected outcomes.

Outcome Expectation

Beliefs about the likely results of specific behaviors in given situations.