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:

Grant Proposal

A written request for funding, typically submitted to institutions or organizations by individuals or groups seeking to undertake projects or research.

Nonprofit Organization

An entity that operates for a charitable, educational, or social purpose rather than for the profit of private owners or shareholders.

Governmental Organization

An entity that is part of the public sector, established by the government to perform specific functions or services.

Sales Proposals

Detailed documents designed to offer services or products to potential clients, outlining the benefits, costs, and terms of a potential sale.