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The Balanced Scorecard Is an Effective Tool for Managing and Improving

Question 57

Multiple Choice

The balanced scorecard is an effective tool for managing and improving performance, but only if it is:


A) used by managers who recognize that relying exclusively on financial measures benefits the organization in the long run.
B) implemented using a performance measurement orientation.
C) used exclusively by the top levels of the organization.
D) clearly linked to a well-defined organizational strategy and goals.
E) used in organizations that adopt a hierarchical control process.

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