Which of the following statements is a possible pitfall while implementing a balanced scorecard?
A) Managers using cost-benefit considerations while designing a balanced scorecard.
B) Managers ignoring objective measures as market share, manufacturing yield.
C) Managers using subjective measures in the balanced scorecard.
D) Top management ignoring nonfinancial measures when evaluating employee performance.

Question

Quizplus · Accepted Answer

Ignoring nonfinancial measures can lead to an incomplete evaluation of performance, as balanced scorecards are designed to incorporate both financial and nonfinancial metrics to provide a comprehensive view of organizational performance.

Which of the Following Statements Is a Possible Pitfall While