Which of the following is an advantage of using balanced scorecard?
A) It eliminates the need to communicate the details of the plan to the employees.
B) It eliminates managerial effort when providing incentives to employees.
C) It increases the pay for all employees in the organization regardless of their performances.
D) It reduces employee stress because it does not focus on financial targets.
E) It helps employees understand the organization's goals.

Question

Quizplus · Accepted Answer

The balanced scorecard combines the advantages of different incentive-pay plans and it helps employees understand the organization's goals.

Which of the Following Is an Advantage of Using Balanced