A "Balanced Scorecard" That Includes Both Strategic and Financial Performance

question 37

Multiple Choice

A "balanced scorecard" that includes both strategic and financial performance targets is a conceptually strong approach for judging a company's overall performance because:

• A) it assists managers in putting roughly equal emphasis on short-term and long-term performance targets.
• B) it entails putting equal emphasis on good strategy execution and good business model execution.
• C) a balanced-scorecard approach pushes managers to avoid setting objectives that reflect the results of past decisions and organizational activities.
• D) financial performance measures are lagging indicators that reflect the results of past decisions and organizational activities,whereas strategic performance measures are leading indicators of a company's future financial performance and business prospects.
• E) it forces managers to put equal emphasis on financial and strategic objectives.

Appreciate the dynamics between leadership and the management of day-to-day operations.

Familiarize with methods and criteria for evaluating leadership effectiveness in nonprofits.

Understand the role of leadership in strategic planning and change management within nonprofit organizations.

Understand the fundamental concepts of classical conditioning.

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Definitions:

Hearing Loss

A partial or total inability to hear sound in one or both ears.

Background Noise

Ambient sound that is not the primary focus but may interfere with or alter the perception of the main audio being listened to or recorded.

Distracting

The act of diverting attention from the intended object of focus, leading to decreased productivity or concentration.

Ignore

To refuse to take notice of or acknowledge; to deliberately overlook or exclude.