Question

If improvement in a performance measure on a balanced scorecard should lead to improvement in another performance measure, but does not, then management should reexamine its strategy 0 False

Answer 1

1

True, If improvement in a performance measure on a balanced scorecard should lead to improvement in another performance measure, but does not, then management should reexamineits strategy

Management should identify the reasons for the same and take necessray actions.

2

True, The emphasis in the balanced scorecard is on improvement rather than meeting a preset standard.

Balanced scorecard aims at continuous improvement by customer statisfaction

3

True, A balanced scorecard is an integrated set of performance measures that should be designed to support management's strategy throughout the organization.

It should be in line with the overall strategies of the organization.