Which of the Following Statements About the Balanced Scorecard Approach

question 53

Multiple Choice

Which of the following statements about the balanced scorecard approach is true?

• A) It helps management focus on only non-financial measures of performance.
• B) It helps management focus on critical success factors which may be financial and non-financial in nature.
• C) It helps management ignore short-term operating performance in favour of long-term operating performance.
• D) It helps management focus on only financial measures of performance.

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Definitions:

General MacArthur

Douglas MacArthur, a prominent United States Army general known for his command roles during World War II and the Korean War.

Limited War

A conflict with restricted objectives, scope, or means, such as limiting the geographical area of the fight or avoiding the use of certain weapons.

Korean War

A conflict between North and South Korea from 1950 to 1953, in which North Korea, supported by China and the Soviet Union, and South Korea, supported by the United Nations and primarily the USA, fought to a stalemate.

New Look

A defense strategy under President Eisenhower that emphasized the strategic use of nuclear weapons while reducing conventional military forces.