Which of the Following Statements Is a Possible Pitfall While

question 126

Multiple Choice

Which of the following statements is a possible pitfall while implementing a balanced scorecard?

• A) Managers using cost-benefit considerations while designing a balanced scorecard.
• B) Managers ignoring objective measures as market share, manufacturing yield.
• C) Managers using subjective measures in the balanced scorecard.
• D) Top management ignoring nonfinancial measures when evaluating employee performance.

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Definitions:

Process

A series of actions or steps taken to achieve a particular goal or outcome.

Measures of Variability

Quantitative indicators that describe the spread or dispersion within a dataset, including range, variance, and standard deviation.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data.

Visual Representation

The use of images, diagrams, graphs, or other visual formats to present data or information for easier understanding.