If Process Perspective Measure from the Balanced Scorecard Was Shorter

question 79

Multiple Choice

If process perspective measure from the Balanced Scorecard was shorter cycle times,then a driver from the learning and growth perspective would MOST likely be to:

• A)lower cost of acquiring materials.
• B)achieve just-in-time supplier capability.
• C)offer a complete product line.
• D)expand product offerings.

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Definitions:

Central Tendency

Statistical measures that identify a single value as representative of the middle or center of a distribution, including mean, median, and mode.

Data

Facts and statistics collected together for analysis or used to reason or make decisions.

Weighted Mean

An average where each data point contributes proportionally to the total based on its assigned weight, reflecting its importance.

Median

A measure of central tendency that identifies the middle value in a dataset when the numbers are arranged in ascending or descending order.