Homework: Chapter $14$ Homework

Question $2,$ Question $14-8($book$/$static$)$

HW Score: $23\mathrm{.}53\%,4$ of $17$ points

Points: $0$ of $3$

Question list

Describe three features of a good balanced scorecard

Question $1$

A good balanced scorecard:

Question $2$

Question $3$

allows managers to focus on their performance rather than corporate success.

helps to communicate the strategy to all members of the organization.

limits the number of measures to only those that are critical to the implementation of strategy.

standardizes nonfinancial measures such as information technology, human rights, and environmental issues.

tells the story of a company's strategy by articulating a sequence of cause$-$and$-$effect relationships.