According to the Balanced Scorecard (BSC)approach,the Financial Perspective Is Considered

question 51

True/False

According to the Balanced Scorecard (BSC)approach,the financial perspective is considered the best indicator of whether or not logistics strategy is being properly implemented and executed.

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Definitions:

Divisional Structure

A type of organizational structure where operations are divided into semi-autonomous units or divisions based on product, service, market, or geography.

Deleting New Products

The process of removing recently introduced goods or services from the market or production lines, often due to underperformance or strategic realignment.

Program Manager

A professional responsible for overseeing the successful planning, execution, and closure of a program, which consists of multiple, related projects.

Organisational Design

The process of structuring an organization in order to effectively manage resources, operations, and achieve goals.