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Author Question: Which of the following statements is a possible pitfall while implementing a balanced scorecard? (Read 54 times)

tth

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Question 1

Which of the following statements is a disadvantage of balanced scorecards?
◦ Balanced scorecards ignore short-run objectives.
◦ Balanced scorecards may become unwieldy and difficult to understand.
◦ Balanced scorecards use a lot of nonfinancial measures.
◦ Balanced scorecards are of little use in influencing managerial behavior.

Question 2

Which of the following statements is a possible pitfall while implementing a balanced scorecard?
◦ Managers using cost-benefit considerations while designing a balanced scorecard.
◦ Managers ignoring objective measures as market share, manufacturing yield.
◦ Managers using subjective measures in the balanced scorecard.
◦ Top management ignoring nonfinancial measures when evaluating employee performance.


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Marked as best answer by tth on Mar 6, 2021

wfdfwc23

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tth

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


jordangronback

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Reply 3 on: Yesterday
Excellent

 

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