How is the use of a balanced scorecard as a performance evaluation system helpful to companies?
What will be an ideal response?
The balanced scorecard represents a major shift in corporate performance measurement. Rather than treating financial indicators as the sole measure of performance, companies recognize that they are only one type of measure among a broader set. Keeping score of operating measures and traditional financial measures gives management a "balanced" view of the organization.
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Net income does not include
a. income taxes expense. b. discontinued operations. c. foreign currency translation adjustments. d. extraordinary gains and losses.
Which of the following sentences best expresses the receiver's point of view?
a. I want to take this opportunity to offer my congratulations on your recent promotion. b. A promotion is always great news. c. Congratulations on your recent promotion to regional manager. d. I hear that congratulations are in order!
Identify which of the following statements is false.
A) Regular and memorandum decisions of the Tax Court are published by the government in the Tax Court of the United States Reports. B) The citation Cristofani, 97 T.C. 74 (1991) indicates that the decision is a regular decision of the Tax Court. C) The citation Estate of Newhouse, 94 T.C. 193 (1990), nonacq. 1991-1 C.B. 1 indicates that the IRS did not formally disagree with this 1990 Tax Court decision until 1991. D) The Board of Tax Appeals preceded the Tax Court.
Which of the following is a characteristic of an organic organization?
A. high specialization B. cross-functional teams C. rigid departmentalization D. narrow span of controls