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

question 37

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

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Definitions:

National Bank

A financial institution chartered by the government, typically involved in regulating currency supply, managing international reserves, and serving as a banker to the government.

Foreign Trade

The exchange of goods, services, and capital between countries or territories.

War Of 1812

A conflict fought between the United States and the British Empire (and their respective allies), primarily over trade restrictions and maritime rights.

Internal Improvements

Government-funded projects to develop the nation's infrastructure, such as roads, bridges, and canals.