Which of the Following Statements Is a Disadvantage of Balanced

question 59

Multiple Choice

Which of the following statements is a disadvantage of balanced scorecards?

• A) Balanced scorecards ignore short-run objectives.
• B) Balanced scorecards may become unwieldy and difficult to understand.
• C) Balanced scorecards use a lot of nonfinancial measures.
• D) Balanced scorecards are of little use in influencing managerial behavior.

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Definitions:

Babies Born

Refers to the count or statistics regarding the number of births within a specific period or geographical area.

Mean

The average of a set of numbers, calculated by adding them together and dividing by the number of values in the set.

Standard Deviation

A metric that quantifies the spread or variability of a series of values, illustrating the extent to which these values vary from their central average.

Z-Score

A measure of how many standard deviations a data point is from the mean.