Which of the Following Is NOT an Advantage of the Balanced

question 53

Multiple Choice

Which of the following is NOT an advantage of the balanced scorecard approach to assess firm performance?

• A) It allows managers to communicate and link the strategic vision to responsible parties within an organization.
• B) It helps managers to implement feedback and organizational learning in order to modify and adapt strategic goals when indicated.
• C) It provides a concise report that tracks chosen metrics and measures and compares them to target values.
• D) It is a tool which can be effectively used by managers for both strategic implementation and strategic formulation.

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Definitions:

Functional Changes

Adjustments or modifications in processes, systems, or organisms that affect how they operate or function.

Barton and Komatsu

Researchers noted for their contributions in the field of cognitive psychology, particularly in the study of human memory and knowledge representation.

Nominal-Kind Items

Objects or concepts that are categorized based on names or labels rather than by measurable properties or innate characteristics.

Natural-Kind Items

Objects or entities that occur naturally within the environment, often distinguished from artificial or man-made objects in categorization tasks.