Which of the following statements most accurately describes the difference between a strategy map and a measure

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Which of the following statements most accurately describes the difference between a strategy map and a measure map?

a. Strategy maps show which performance metrics are leading or lagging indicators of performance, while measure maps show the expected relationships among performance metrics.

b. Strategy maps show how strategic initiatives will fulfill strategic objectives, while measure maps show how strategic initiatives are effective measures of the strategic objectives.

c. Strategy maps show the expected cause-and-effect relationships among strategic objectives, while measure maps show the expected relationships among performance metrics.

d. Strategy maps show the cause-and-effect relationships among strategic initiatives, while measure maps measure the strength of those relationships.

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Financial And Managerial Accounting

ISBN: 9781337902663

15th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler

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