When Using the Balanced Scorecard to Monitor Performance,the Financial Perspective

question 70

Multiple Choice

When using the balanced scorecard to monitor performance,the financial perspective answers which of the following questions?

• A)How do investors see us?
• B)Are we reaching our financial goals?
• C)Both how do investors see us and are we reaching our financial goals?
• D)Neither how do investors see us nor are we reaching our financial goals?

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Definitions:

Task Interdependencies

A condition in teamwork where the performance and outcomes of one individual's tasks depend on the performance and outcomes of another team member's tasks.

Organizationally Relevant Tasks

Tasks that are directly related to and contribute towards achieving the goals of an organization.

Work Group

A group of individuals who come together to achieve a particular task or goal within an organization.

Workforce Planning

A strategic approach undertaken by organizations to identify and address current and future staffing needs to achieve its goals.