A Strength of the Balanced Scorecard Is That It Is

question 77

True/False

A strength of the balanced scorecard is that it is very easy to implement and that there is little need for executive sponsorship.

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Definitions:

Quantitative Variable

A variable that can be measured numerically and can vary in quantity, often used in statistical analysis to represent data points.

Histogram

Graphic representation of a frequency distribution using bars to represent each score or group of scores.

Interval Scale

A scale of measurement that shows the order of values and the exact differences between them, but without a true zero point.

Ordinal Scale

A scale of measurement where data is ordered, but the differences between data points cannot be assumed to be equal.