Asked by
Mushtaq Ahmad
on Nov 13, 2024
Verified
The balanced scorecard
A) incorporates financial and nonfinancial measures in an integrated system.
B) is based solely on financial measures.
C) is based solely on nonfinancial measures.
D) does not use financial or nonfinancial measures.
Nonfinancial Measures
Nonfinancial measures refer to metrics used to assess aspects of a business's performance not directly related to financial outcomes, such as customer satisfaction, employee engagement, or environmental impact.
- Explain the balanced scorecard approach and its perspectives.
Verified Answer
NA
Learning Objectives
- Explain the balanced scorecard approach and its perspectives.