Which of the Following Is the Best Description of the Balanced

question 15

Short Answer

Which of the following is the best description of the balanced scorecard?
A. A strategic planning and management system
B. A performance measurement framework
C. A formal, structured approach to link IT investment to business performance
D. All are descriptions of the balanced scorecard

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Definitions:

Retail Chain

A series of stores or outlets owned and operated by the same company, selling similar or identical merchandise to consumers.

Systematic Thinking

An approach to problem-solving that involves understanding and analyzing the relationships between parts of a system.

Integrated Fashion

A way of combining elements or systems so that they work together in a coherent and complementary manner.

Problem Solving

The process of identifying a challenge, barrier, or unmet need and developing, implementing, and assessing solutions or strategies to address the issue.