Which of the following is TRUE concerning the balanced scorecard?
A) It is useful when formulating strategy, not when implementing it.
B) It does not provide any insight on how to correct a problem once a firm deviates from its goals.
C) It is superior to the triple bottom line when it comes to a holistic approach to competitive advantage(s).
D) It monitors and reports how balanced a firm's investment portfolio is.

Question

Quizplus · Accepted Answer

One of the disadvantages of the balanced scorecard is that it does not provide much insight into how metrics that deviate from the set goals can be put back on track.

Which of the Following Is TRUE Concerning the Balanced Scorecard