Which of the Following Is True of a Balanced Scorecard

question 15

Multiple Choice

Which of the following is true of a balanced scorecard?

• A)It indicates the value of a company based on its competitive demands.
• B)It depicts a company from the perspective of internal and external customers.
• C)It measures a company's performance based on the business strategy adopted by it.
• D)It should not be used to link HRM activities and a company's business strategy.
• E)It guides companies to increase the time spent on new product and service development.

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Definitions:

Off-the-job Training

A form of skill development and education that occurs outside of the normal work environment, often involving formal coursework or external training programs.

Management Development

A systematic approach to expanding the skills and capabilities of managers and potential managers within an organization.

Temporary Promotions

Short-term marketing strategies intended to boost product awareness or sales for a limited period.

Employee Orientation

A process of introducing new employees to their job, the company culture, and the expectations, policies, and values of the organization.