Which of the following statements regarding strategic objectives in the balanced scorecard is false? a.Each strategic objective is a subcomponent of the company's mission statement. b.Strategic objectives are the same as the overall mission statement of the company. c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective. d.Strategic objectives define the purpose of an action taken within a company.
Which of the following statements regarding strategic objectives in the balanced scorecard is false? a.Each strategic objective is a subcomponent of the company's mission statement. b.Strategic objectives are the same as the overall mission statement of the company. c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective. d.Strategic objectives define the purpose of an action taken within a company.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter14: The Balanced Scorecard And Corporate Social Responsibility
Section: Chapter Questions
Problem 6E: The following is the balanced scorecard for Smith Company: a. Label each element of the balanced...
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Which of the following statements regarding strategic objectives in the balanced scorecard is false?
a.Each strategic objective is a subcomponent of the company's mission statement.
b.Strategic objectives are the same as the overall mission statement of the company.
c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective.
d.Strategic objectives define the purpose of an action taken within a company.
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