Question

The balanced scorecard is said to be "balanced" because it measures:

Select one:

a. short-term and long-term objectives

b. financial and nonfinancial objectives

c. internal and external objectives

d. All of the above are correct

Answer 1

Answer- The balanced scorecard is said to be "balanced" because it measures= All of the above are correct (Option d).

Explanation- Balanced scorecard translates an organization's mission and strategy into a comprehensive set of performance measures that provide the framework for implementing its strategy. In balance score card “Balanced” includes the following-

1)- Short-term and long-term objectives

2)- Financial and nonfinancial objectives

3)- Internal and external objectives