The Primary Aim of the Balanced Scorecard Is to

question 82

Multiple Choice

The primary aim of the balanced scorecard is to

• A) Put less emphasis on financial measures because they are too narrowly focused
• B) Use performance indicators that are highly objective
• C) Translate elements of a company's strategic plan into measurable performance indicators
• D) Provide a truthful basis for evaluating managers' performance

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Definitions:

Tying

A business practice where a seller requires buyers to purchase a secondary product as a condition of buying a primary product.

Price Regulation

Government-imposed controls on the maximum or minimum allowable prices for certain goods or services, often to protect consumers.

Periodic Blood Testing

Medical tests that are done at regular intervals to monitor an individual's health or the progress of a disease.

Price Regulation

The imposition of controls by a government on the price(s) that can be charged for goods and services in a market.