The Process of Building or Developing a Scorecard Can Be

Multiple Choice

The process of building or developing a scorecard can be summarized in six steps or stages. The last step is:

A) Breaking down the overall business strategy into smaller elements, which can be referred to as objectives.
B) Development of the overall company strategy or strategies.
C) Initiatives or tactics are identified that can be implemented to achieve the strategy or strategies.
D) Performance measures are developed so that the firm can track its progress on achieving its objectives.
E) Strategic map of the overall strategy or created is created using the principles and concepts associated with process mapping.