A pictorial representation of the cause-and-effect relationships embodied in the strategy is called a
A)strategy map.
B)strategy scorecard.
C)strategy dashboard.
D)strategy indicator.

Question

Quizplus · Accepted Answer

A strategy map is a pictorial representation that shows the cause-and-effect relationship between the various components of a strategy. It shows how different objectives are interlinked and how achieving one objective can lead to the achievement of another. On the other hand, a strategy scorecard is a tool used to measure and monitor the progress of the strategy, a strategy dashboard provides a summary of key performance indicators, and a strategy indicator is a metric used to measure the performance of a strategy.

A Pictorial Representation of the Cause-And-Effect Relationships Embodied in the Strategy