Which of the following is a feature of a good balanced scorecard?
A)It tells the story of a company's strategy by articulating costs along the value chain.
B)It helps to communicate the strategy to all members of the organization by translating the strategy into a coherent and linked set of understandable and measurable operational targets.
C)The scorecard measures match those of other companies.
D)It provides cause-and-effect linkages that are precise.
E)The scorecard contains dozens of different measures across many different categories.

Question

Quizplus · Accepted Answer

A good balanced scorecard should help to communicate the strategy to all members of the organization by translating the strategy into a coherent and linked set of understandable and measurable operational targets. Option A, C, D and E are not necessarily features of a good balanced scorecard as there is no requirement for the scorecard to match the measures of other companies, contain dozens of measures across different categories, or provide precise cause-and-effect linkages.

Which of the Following Is a Feature of a Good