Which of the following best describes a balanced scorecard?
A) Internal assessment tool
B) Provides key performance indicators
C) Turns strategy into action
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

A balanced scorecard is a strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals. It encompasses internal assessment, key performance indicators, and the translation of strategy into actionable objectives, making all the provided options correct.

Which of the Following Best Describes a Balanced Scorecard