In Terms of Motivation, One of the Balanced Scorecard's Strengths

question 19

Multiple Choice

In terms of motivation, one of the balanced scorecard's strengths is

• A) Improved financial performance
• B) Aligning individual goals with organisational strategies
• C) Convincing managers that the scorecard is more than a temporary fad
• D) Having generally-defined objectives to increase motivation

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Definitions:

Negative

A term used to describe values or balances that are less than zero, often used in financial contexts.

Accounting Profit

The difference between total revenue and total expenses when both are measured in accordance with generally accepted accounting principles.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Annual Interest

The amount of interest due over the course of a year on a loan, deposit, or investment, typically expressed as a percentage of the principal.