Organizations customize their balanced scorecards according to their
A) earnings.
B) profits, benefits, and incentives.
C) markets, products, and objectives.
D) objectives as set by the organization's CEO and board of directors.
E) research on what drives employee motivation.

Question

Quizplus · Accepted Answer

Organizations customize their balanced scorecards according to their markets, products, and objectives. This involves identifying the specific goals and objectives of the organization and aligning them with the measures and targets that will be used to evaluate performance. By tailoring the scorecard to the unique needs and priorities of the organization, managers can ensure that they are focusing on the most important areas and driving improvement where it is needed most. Additionally, by aligning the scorecard with the organization's strategy, managers can reinforce the key drivers of performance and ensure that everyone is working towards the same objectives.

Organizations Customize Their Balanced Scorecards According to Their