The Balanced Scorecard Approach to Control ____

question 23

Multiple Choice

The Balanced Scorecard approach to control ____.

• A) forces managers at each level of the company to set specific goals and measure performance in each of four areas
• B) places greatest priority on the most important aspect of control, the financial perspective
• C) maximizes the chances of suboptimization
• D) only looks at factors within a company's controllable environment
• E) has no real advantages over traditional control techniques

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Definitions:

Controlling

Function of evaluating an organization’s performance against its objectives.

Organizational Objectives

Organizational objectives are specific, measurable goals that an organization aims to achieve to fulfill its mission and drive success.

Motivating

The process of stimulating someone's interest or enthusiasm for doing something.

Directing

Guiding and motivating employees to accomplish organizational objectives.