Asked by
Rusol Abd Alzahra
on Dec 17, 2024
Verified
The balanced scorecard framework rejects the notion that improving process-oriented measures automatically leads to financial success.
Balanced Scorecard
A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.
Process-Oriented Measures
Metrics used to evaluate the effectiveness and efficiency of a process within an organization.
- Acknowledge the targets of a balanced scorecard and its function as a tool in managing strategy.
Verified Answer
ES
Learning Objectives
- Acknowledge the targets of a balanced scorecard and its function as a tool in managing strategy.
Related questions
In Essence, a Balanced Scorecard Lays Out a Theory of ...
If the Balanced Scorecard Is Correctly Constructed, the Performance Measures ...
A Balanced Scorecard Consists of a Report Showing a Performance ...
If a Strategy Is Not Working, It Should Become Evident ...
The Balanced Scorecard Can Only Have Four Categories of Performance ...