The Balanced Scorecard

question 51

Multiple Choice

The balanced scorecard:

• A)Is not comprehensive,since it doesn't include all the CSFs which contribute to competitive success.
• B)Helps focus managers' attention to bottom line profits.
• C)Is forward looking,stressing nonfinancial measures that can lead to benefits in the future.
• D)Fails to reflect environmental and social effects of the firm's operations.
• E)Is heavily weighted toward the financial critical success factors (CSFs).

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Definitions:

Ancient Mexico

Refers to the historical period and civilizations in the region of modern-day Mexico before the Spanish conquest, such as the Aztec and Maya cultures.

Diego Rivera

A prominent Mexican painter and muralist, known for his large frescoes that helped establish the Mexican Mural Movement.

Depression-Era Artist

An artist active during the Great Depression who often depicted the struggles, socioeconomic challenges, and resilience of people during that period.

Ben Shahn

An American artist of Lithuanian Jewish descent, known for his works of social realism and left-wing political views.