The steps involved in building a balanced scorecard are
A)Selecting measures,setting targets for measures and adjusting the scorecard as strategies change.
B)Selecting measures,setting targets for measures and changing objectives that do not meet scorecard measures.
C)Setting targets for measures,adjusting objectives to meet the scorecard,and eliminating processes that do not meet objectives.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

The steps involved in building a balanced scorecard include selecting measures that align with the organization's strategy, setting targets for those measures, and adjusting the scorecard as strategies change. This allows the scorecard to reflect the organization's current priorities and measure progress towards achieving its goals. Option B and C include changing measures or objectives that do not meet scorecard measures, which is not a necessary step in the initial building of a balanced scorecard. Option D is incorrect as one of the answer choices is correct.

The Steps Involved in Building a Balanced Scorecard Are