The Balanced Scorecard Can Be Made More Effective by Developing

question 56

Multiple Choice

The balanced scorecard can be made more effective by developing it at a detail level so that employees:

• A) Can see how it is put together.
• B) Appreciate all the effort that goes into its preparation.
• C) Respect management for including them in its formulation.
• D) Can see how their actions contribute to the success of the firm.
• E) Do not feel left out.

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Definitions:

Securities Commission

A regulatory agency responsible for enforcing the laws regarding securities and protecting investors by regulating the securities industry.

Online Bankers

Banking professionals who operate internet-based banking services.

Insider Information

Privileged, non-public information regarding the affairs, operations, or future prospects of a company, which can be exploited for financial gain.

Securities Commission

A Securities Commission is a regulatory body charged with enforcing laws concerning securities and protecting investors by ensuring the stock market operates fairly and transparently.