Which of the Following Is Not a Key Benefit of the Balanced

question 5

Multiple Choice

Which of the following is not a key benefit of the balanced scorecard (BSC) ?

• A)It provides a means for implementing strategy.
• B)It provides an objective basis for determining each manager's compensation and advancement.
• C)It provides a framework for the firm to achieve a desired organizational change in strategy.
• D)It provides a baseline for how a firm's financial operations compare to competition within the industry.

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Definitions:

Joint Stock Company

A business entity in which shares of the company's stock can be bought and sold by shareholders, and the ownership of which is divided among those shareholders.

Partnership Agreement

A document that outlines the rights, responsibilities, and obligations of each partner in a partnership.

Transferable Shares

Stocks or shares in a company that can be sold or transferred from one party to another without restrictions.

Limited Liability Companies

An organizational model that merges the direct tax benefits seen in partnerships or sole proprietorship with the benefit of reduced personal liability found in a corporation.