Which of the Following Is an Advantage of the Balanced-Scorecard

question 98

Multiple Choice

Which of the following is an advantage of the balanced-scorecard?

• A) It is a tool for both strategic formulation and strategic implementation.
• B) It allows managers to translate a firm's vision into measureable operational goals.
• C) The balanced-scorecard is independent of the skills of the managers responsible for its implementation.
• D) Its implementation is a one-time effort and does not require continuous tracking of metrics or updating of strategic objectives.

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Definitions:

Query Datasheet

A datasheet resulting from a database query that displays the records meeting specific search criteria in a tabular form.

Relationships Window

A graphical interface in database management systems where relationships between different tables are defined and visualized.

Primary Keys

Unique identifiers for records in a database table, used to ensure data integrity and relationships between tables.

Field Names

The unique identifiers assigned to fields in a database or spreadsheet, describing the type of data each field holds.