Which of the Following Is True of a Balanced Scorecard

question 33

Multiple Choice

Which of the following is true of a balanced scorecard?

• A) It encourages employees to compete at the expense of cooperating to achieve organizational goals.
• B) It allows employees to buy their company when it is experiencing financial problems.
• C) It combines the advantages of different incentive pay plans and helps employees understand the organization's goals.
• D) It increases cooperation but does little to motivate day-to-day effort or to attract and retain top individual performers.
• E) It is the only measure used by top management to measure the performance of HR professionals and managers.

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Definitions:

Expertise

Specialized knowledge or skill in a particular area or field, acquired through training, study, or practice.

Collaboration

The act of working together with one or more individuals to complete a task or achieve a goal.

Exchange

The act of giving one thing and receiving another, especially of the same type or value, in return.

Exchange Tactic

A strategy used in negotiations or interactions, where one party offers something in return for something from the other party.