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Which of the following statements is true?

a. the various balanced scorecard measures should be updated on each one's appropriate time line.
b. All balanced scorecard measures should be presented on a set timeframe (daily, weekly,or monthly)

1 Answer

1 vote

Final answer:

The various balanced scorecard measures should be updated on each one's appropriate timeline. Correct option is a.

Step-by-step explanation:

The correct statement is: a. the various balanced scorecard measures should be updated on each one's appropriate timeline. The balanced scorecard is a strategic performance measurement tool that provides a comprehensive view of an organization's performance. Each measure in the balanced scorecard should have its own appropriate timeline for updates. For example, financial measures may be updated on a quarterly basis, while customer satisfaction measures may be updated monthly. This ensures that each measure is regularly assessed and monitored for performance.

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