With Respect to Strategy Maps and Balanced Scorecards,which of the Following

question 25

Multiple Choice

With respect to strategy maps and balanced scorecards,which of the following is FALSE?

• A)Both address four perspectives: financial,customer,internal business process,and learning and growing perspectives
• B)Strategy maps represent an easier way to develop a balanced scorecard
• C)Both serve to monitor the cause-and-effect relationships identified through the development of a balanced scorecard
• D)Employees' understanding of strategy interactions is enhanced through their use

---

Definitions:

Capacity

The maximum output that a business can produce under normal conditions over a certain period of time.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the physical factors of production including machinery and buildings.

Character

In finance, character often refers to one of the "Three Cs" (character, capacity, collateral) used to assess a borrower's creditworthiness, focusing on their reputation for repaying debts.

Financial Reserves

Funds or assets that are set aside to meet future liabilities, contingencies, or unforeseen expenditures.