_____ Is a Formalized Management Control System That Implements a Given

question 12

Multiple Choice

_____ is a formalized management control system that implements a given business unit strategy by means of activities across four areas: financial,customer,internal business process,and learning and growth (or innovation) .

• A) Benchmarking
• B) Internal strategy-organization fit
• C) Strategic marketing audit
• D) Balanced scorecard method

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Definitions:

Achievement Recognition

is the acknowledgement or reward given for accomplishments, often serving as motivation and validation for individuals.

Task Difficulty

The level of challenge presented by a task, influencing effort and strategies employed to accomplish it.

Social Comparison

The process by which individuals evaluate themselves by comparing their abilities, status, and situation with others.

Strategic Plan

a documented course of action designed to achieve long-term goals and objectives, outlining the organization's strategy for execution.