Which of the following is the best reason for a firm to use a strategy map?
A. It identifies which products should be developed and marketed.
B. It allows firms to assess and prioritize gaps between current and desired performance levels.
C. Developing a strategy map allows a firm's executives to go on a weekend retreat, which enhances the trust and bonds between the executive team members.
D. It allows firms to evaluate past financial results as the end result of activity in the other Balanced Scorecard perspectives.
Answer: B
You might also like to view...
The stronger the agreement with and commitment to the achievement of the group’s ______, the higher the cohesiveness of the group.
a. strategy b. plan c. culture d. objectives
Sellers are required to take precautions against every conceivable misuse of a product
Indicate whether the statement is true or false
Project Resources
What will be an ideal response?
What is the fundamental concept behind the rule of least access? Explain why this is a potential problem in an ERP environment.
What will be an ideal response?