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:

Tax Liability

The total amount of tax owed to the tax authorities by an individual, organization, or corporation in a given period.

Excluded From Taxation

Income, transactions, or entities that are not subject to tax by law or specific tax policy.

Flat Tax Rate

A tax system with a constant rate, meaning the percentage taxed remains the same regardless of the amount of the taxable base.

Financial Analyst's Role

A professional position responsible for analyzing financial data, market trends, and investment opportunities to advise businesses and individuals on financial decisions.