S.Implementation

In the cascading method, what happens if a business unit or individual fails to meet their objectives?

• They receive partial incentive compensation.

• Their compensation is increased for effort.

• They are given a second chance to meet the target.

• No incentive compensation is awarded for the missed target.

What is the primary goal of tying Balanced Scorecard performance to rewards for employees?

• To ensure employees bonuses regardless of the company's financial success.

• To link employee incentives to the achieve strategic organizational goals.

• To encourage employees to focus solely on financial performance.

• To base bonuses on individual performance rather than company performance.

What can be an advantage of using nonmonetary rewards for employee incentives?

• They can create more focus and excitement around tangible items.

• Nonmonetary rewards are always cheaper than cash.

• They do not require administrative oversight

• They are not impacted by union agreements.

In Learning and grow perspective, what are three integrated dimensions of capital?

• Finance, human, and organizational.

• Human, information, and organizational.

• Information, operation, and finance.

• Human, organizational, and operation.

Which perspective in strategy map involves crafting objectives to satisfy stakeholders, ensure compliance and accountability

• Financial perspective

• Customer perspective

• Internal process perspective

• Learning and growth perspective

Which perspective of strategy map focusesobjectives related to enhancing shareholder value and increasing productivity?

• Financial perspective

• Customer perspective

• Internal process perspective

• Learning and growth perspective

There are _____ elements we need to consider when linking Balanced Scorecard with compensation

Some will argue that aligning rewards to Balanced Scorecard targets provides merely extrinsic motivation and could possibly hamper innovation, creativity, and fulfillment.

• True

• False

What could be a consequence of paying incentives on individual measure results when overall organizational objectives have not been met?

• Obscures the focus needed from all employees.

• Employee will be more proactive and effectively toward completing tasks

• Organization still meet the objective at the end.

Sharing and involving employee in the process of linking make the process longer and make the system cover unnecessary parts

• True

• False