In a strategy map of the balanced scorecard, innovation processes are concerned with which of the following areas?
A) supply
B) selection
C) safety and health
D) research and development

Question

Quizplus · Accepted Answer

Innovation processes are related to research and development in the balanced scorecard strategy map. This area is focused on creating new products, services, and processes, as well as improving existing ones. It is an essential component of a company's long-term success and competitiveness. Therefore, it is crucial to develop a well-defined strategy to measure and track innovation processes in the organization.

In a Strategy Map of the Balanced Scorecard, Innovation Processes