A Balanced Scorecard for Measuring Company Performance

question 50

Multiple Choice

A balanced scorecard for measuring company performance

• A)entails putting equal emphasis on financial and strategic objectives.
• B)entails striking a balance between financial objectives and strategic objectives.
• C)balances the drive for profits with social responsibility obligations.
• D)prevents the drive for achieving strategic objectives from overwhelming the pursuit of financial objectives.
• E)entails creating a set of financial objectives balanced among profitability measures and liquidity measures.

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Definitions:

Congruence

The state of agreement or harmony between individuals, actions, values, or systems, often contributing to effective functioning and satisfaction.

Perceived Fairness

The belief or understanding by individuals that the actions, decisions, or policies they are subject to are just and equitable.

Controversial Policies

Policies that evoke strong differences of opinion among people, often leading to debates or disputes.

Adequacy of Explanation

Refers to the extent to which an explanation sufficiently accounts for the evidence or reasons given, often evaluated in terms of completeness and clarity.