Who Needs to Be Committed for the Balanced Scorecard to Be

question 46

Multiple Choice

Who needs to be committed for the balanced scorecard to be successful?

• A)The production employees
• B)The organization's suppliers
• C)The organization's customers
• D)The entire organization

Identify the role of strategic objectives and operating objectives in strategy execution.

Understand the significance of organizational culture and core values in strategic management.

Appreciate the importance of strategic management for achieving long-term goals and sustaining competitive advantage.

Grasp the concept of strategic analysis, including SWOT analysis, for organizational assessment.

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Definitions:

Scientific Activity

The process of conducting systematic research to increase knowledge, utilizing empirical evidence and scientific methods.

Public Spaces

Areas that are open and accessible to people, including parks, streets, and public squares, serving as venues for interaction and community life.

Intrinsic Motivation

The desire to behave in a certain way because it is enjoyable or satisfying in and of itself.

External Rewards

Incentives provided by an external source, such as money or praise, that motivate individuals to perform certain tasks.