A __________ is a measurement framework that helps managers translate strategic goals into operational objectives.
A)benchmark
B)trend analysis
C)Balanced Scorecard
D)cultural audit

Question

Quizplus · Accepted Answer

The Balanced Scorecard is a measurement framework that allows managers to transform their business strategy into operational objectives. It takes into account multiple dimensions of performance, such as financial, customer, internal processes, and learning and growth, and uses them to create a comprehensive set of measures that reflect the organization's goals and priorities. This helps managers assess whether they are achieving their objectives and make informed decisions about where to focus their efforts. Benchmarking, trend analysis, and cultural audits are also useful tools for measuring performance, but they do not provide the same level of strategic alignment and integrated perspective as the Balanced Scorecard.

A __________ Is a Measurement Framework That Helps Managers Translate