Which of the Following Statements Is True of the Balanced-Scorecard

question 8

Multiple Choice

Which of the following statements is true of the balanced-scorecard?

• A) It is a more or less a one-dimensional metric of measuring competitive advantages of a firm.
• B) It is one of the traditional approaches of measuring firm performance.
• C) Its primary focus is to base a firm's strategic goals entirely on external performance dimensions.
• D) It attempts to provide a holistic perspective on firm performance.

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Definitions:

NASDAQ

An international e-marketplace dedicated to the buying and selling of securities, which also acts as the benchmark for U.S. tech stocks.

NYSE

New York Stock Exchange; a leading global stock exchange where shares of public companies are bought and sold.

Dealer Market

A dealer market is a financial market mechanism in which dealers buy and sell securities for their own accounts, providing liquidity and pricing to the market.

Over-the-counter (OTC) Market

A decentralized market where securities are traded directly between two parties without the supervision of an exchange.