When using the balanced scorecard to monitor performance,the financial perspective Answers which of the following questions?
A)Are we developing employees and providing technologies that facilitate change and improvement?
B)Are we creating products and hiring employees with skills to create product and deliver them in a timely manner?
C)How do investors see us?
D)Are we growing in a manner to be competitive in the industry?

Question

Quizplus · Accepted Answer

The financial perspective of the balanced scorecard focuses on measuring and monitoring financial performance, including factors such as profitability, revenue growth, and return on investment. It aims to answer the question of how investors and other financial stakeholders see the organization. Choices A, B, and D are more aligned with the internal business processes, customer, and learning and growth perspectives of the balanced scorecard, respectively.

When Using the Balanced Scorecard to Monitor Performance,the Financial Perspective