A Strategy Map Is

question 10

Multiple Choice

A strategy map is:

• A)A detailed flowchart outlining which firm managers are responsible for each implementation of a firm's strategy and when these implementations are to take place.
• B)A cause and effect diagram of the relationships among the balanced scorecard perspectives to show how the achievement of critical success factors in each perspective affects the achievement of goals in other perspectives and the overall financial performance of the firm.
• C)A framework for the firm to achieve a desired organizational change in strategy while mapping the successes of other firms within the industry.
• D)None of the above.

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Definitions:

Defense Department

The part of the United States federal government responsible for coordinating and supervising all agencies and functions of the government directly related to national security and the United States Armed Forces.

Communist Party

A political organization advocating the principles of communism, including the pursuit of a classless society through the overthrow of capitalism.

Taft-Hartley Act

1947 law passed over President Harry Truman’s veto; the law contained a number of provisions to weaken labor unions, including the banning of closed shops.

Workers' Rights

The rights and entitlements claimed for workers, which may include safe working conditions, fair wages, and the right to form or join trade unions.