What Is a Result from Using the Balanced Scorecard Approach

question 67

Multiple Choice

What is a result from using the balanced scorecard approach to control?

• A)The approach forces managers at each level of the company to set specific goals and measure performance in each of four areas. 
• B)The approach places greatest priority on the most important aspect of control: the financial perspective. 
• C)The approach maximizes the chances of suboptimization. 
• D)The approach looks only at factors within a company's controllable environment.

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Definitions:

Ability To Complete

The capability or power to finish a task or reach the end of a process successfully.

Build Resilience

The process of developing the capacity to recover quickly from difficulties or adapt in the face of adversity.

Resilient

Capable of recovering quickly from difficulties or adapting well to change and stress.

Examples

Specific cases or instances used to illustrate a point, idea, or principle within various contexts.