Which of the following statements is/are true regarding the implementation of a balanced scorecard in an organization?
Question:
Which of the following statements is/are true regarding the implementation of a balanced scorecard in an organization?
a. To sustain long-run financial performance, a company must strengthen all links across its different balanced scorecard perspectives.
b. A major benefit of balances scorecard is that it promotes causal thinking where improvement in one activity causes an improvement in another.
c. To successfully implement a balanced scorecard, subordinate managers and executives require commitment and leadership from top management.
d. All of the above.
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The correct answer is d because the implementation of balanced scorecard in an organ...View the full answer
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Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
Question Posted:
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