The balanced scorecard is a system that strikes a balance between ________ and ________ performance measures.
A) financial; nonfinancial
B) strategic; nonstrategic
C) innovative; tutorial
D) goal-oriented; strategic-oriented

Question

Quizplus · Accepted Answer

The balanced scorecard is specifically designed to incorporate both financial and nonfinancial performance measures, ensuring a comprehensive assessment of a company's performance. This makes option A the correct answer. Option B is not entirely accurate as both strategic and nonstrategic measures can be included in the balanced scorecard, but it is not the fundamental basis for the balance. Option C is irrelevant as the scorecard is designed for business performance, not instruction. Option D is close, but "goal-oriented" is a type of "strategic-oriented," so it is essentially redundant, leading to A as the best answer.

The Balanced Scorecard Is a System That Strikes a Balance