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.

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 relates more to a value chain analysis, Option C is not necessarily important as the scorecard needs to be tailored to the specific organization, and Option D may not always be possible as cause-and-effect linkages may not always be precise.

Which of the Following Is a Feature of a Good