A balanced scorecard approach creates goals in four key performance areas and assesses ________
A) whether the majority of them are met
B) whether all four goals are met
C) whether financial goals exceed the other goals
D) which goals are exceeded
Answer: B
Explanation: A balanced approach sets goals in four performance areas–financial, customer, internal processes, and people/innovation/growth–and assesses how well balanced the company's performance is, making "whether all four goals are met equally" the correct response and eliminating all other responses.
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Thomas Jefferson was not supportive of the growth of manufacturing in the United States primarily for which of the following reasons?
a. Mass production was dehumanizing b. Agricultural was more profitable c. Manufacturers were less virtuous than farmers d. The United States had a comparative advantage in agriculture
Costing systems that are used for the costing of like or similar units of products in mass production are called ________
A) inventory-costing systems B) job-costing systems C) process-costing systems D) weighted-average costing systems