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Balanced Scorecard Quiz

Authored by Dominika Korzeniowska

Social Studies

University

Used 11+ times

Balanced Scorecard Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The financial perspective of the balanced scorecard focuses on the profits and value created for shareholders.

true

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The customer perspective of the balanced scorecard focuses on the success of the company in its target market.

true

false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To achieve success, it is important to set nonfinancial objectives as well as financial objectives.

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An effective balanced scorecard 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.

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The customer perspective of the balanced scorecard evaluates the profitability of the strategy.

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Time taken to replace or repair defective products is a measure of the financial perspective of the balanced scorecard.

true

false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The financial perspective of the balanced scorecard identifies targeted customers and market segments and measures the company's success in these segments.

true

false

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