A System for Translating Vision and Strategy into Tangible Performance

question 158

Multiple Choice

A system for translating vision and strategy into tangible performance measured by criteria such as sales growth and customer retention is called a(n) ________.

• A) objective
• B) balanced scorecard
• C) stakeholder analysis
• D) goal analysis

---

Definitions:

Oral

relates to spoken rather than written communication, often used in contexts such as contracts, agreements, or testimonies.

Enforceable Legal Agreement

A contract or agreement that is valid under the law and can be upheld and compelled through legal action.

Special Accounting Software

Customized software solutions designed to meet the unique accounting and financial management needs of specific businesses or industries.

Parol Evidence Rule

The rule that states that evidence of oral statements made before signing a written agreement is usually not admissible in court to change or to contradict the terms of a written agreement.