Which of the Following Is One of the Benefits of Using

question 26

Multiple Choice

Which of the following is one of the benefits of using the balanced scorecard approach?

• A) It helps managers avoid using only one measure of performance.
• B) It avoids using financial drivers so that it can focus on nonfinancial drivers.
• C) It avoids using nonfinancial drivers so that it can focus on financial drivers.
• D) It is separate from the strategic management system so that it can focus on financial measures.

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Definitions:

Agricultural Groups

Communities or societies whose primary mode of subsistence is based on crop farming and livestock raising.

Division of Labor

the allocation of different tasks and roles to different individuals or groups in a society, often based on factors such as skill, age, or gender.

Centralized Political Organization

A governmental structure where power and decision-making processes are concentrated in a central location or authority.

Markets

Systems or environments where parties engage in the exchange of goods, services, or information, often regulated by supply and demand.