Companies Use the Balanced Scorecard to Describe Strategy in Detail

question 52

Multiple Choice

Companies use the balanced scorecard to describe strategy in detail through the use of a cause-and-effect diagram which is also known as a(n) :

• A) Status Diagram.
• B) Strategy Map.
• C) Performance Flowchart.
• D) Organizational Diagram.
• E) Operational Work-through.

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Definitions:

Reward Power

The ability of an individual to influence others by controlling valued resources or rewards.

Performance

The act of carrying out or accomplishing tasks, measured against preset known standards of accuracy, completeness, and speed.

Rewards

Benefits, compensation, or other forms of recognition provided to individuals or groups for their performance and achievements.

Reward Power

The ability of an individual to influence the actions of others by offering or withholding rewards.