The Balanced Scorecard Becomes a Means of Communicating the Strategy

question 42

Multiple Choice

The balanced scorecard becomes a means of communicating the strategy of the organization to its employees and managers. What might be a downside of communicating this information?

• A) Employees will need direction about what is to be done.
• B) Employees will need to understand where the organization is headed.
• C) Sensitive information may end up in the hands of competitors.
• D) all of the above.

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Definitions:

Strength

In the context of data, it refers to the magnitude or intensity of a relationship between variables, often gauged through correlation coefficients.

Relationship Between Variables

Refers to how one variable may change in relation to alterations in another variable, often measured by statistical tools to understand correlations or dependencies.

Reciprocity

Reciprocity refers to a mutual exchange between two parties, often used in the social sciences to describe social interactions.

Direction

In statistics, it often refers to the nature of the relationship between variables, indicating whether they move together in a positive or negative correlation.