A ________ is a diagram that describes how an organization creates value by connecting strategic objectives in explicit cause-and-effect relationships with each other in the balanced scorecard perspectives.
A) value diagram
B) balanced scoreboard
C) strategic scorecard
D) strategy map

Question

Quizplus · Accepted Answer

A strategy map is a visual representation of an organization's strategy that outlines the cause-and-effect relationship between strategic objectives in each perspective of the balanced scorecard. It provides a clear and concise way to communicate how the organization creates value and achieves its goals. Options A, B, and C are incorrect as they do not accurately describe a strategy map.

A ________ Is a Diagram That Describes How an Organization