Companies use balanced scorecards to summarize business information into a smaller number of critical factors.

Name: Companies use balanced scorecards to summarize business information into a smaller number of critical factors.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Balanced scorecards are strategic management tools used by companies to summarize key business success factors into a smaller number of critical factors that can be easily monitored and evaluated.

Companies Use Balanced Scorecards to Summarize Business Information into a Smaller