The First Step in Implementing a Balanced Scorecard Is to Clarify

question 49

Multiple Choice

The first step in implementing a balanced scorecard is to clarify organizational vision, core competencies, and strategies. The vision:

• A)Provides an overall direction for the organization
• B)Is another name for the organization's strengths and weaknesses
• C)Provides an explicit plan for daily operations
• D)Should explicitly incorporate all core competencies