Question

For each of the four components of the balanced scorecard, ________ measures, targets, and initiatives are identified

Answer 1

In the balanced scorecard framework, measures, targets, and initiatives are identified for each of the four components: financial, customer, internal processes, and learning and growth. These components help assess performance and progress toward organizational goals.

Step-by-step explanation:

In the balanced scorecard framework, measures, targets, and initiatives are identified for each of the four components. The balanced scorecard includes four perspectives: financial, customer, internal processes, and learning and growth. For each perspective, specific measures and targets are established to assess performance and progress toward organizational goals. Initiatives or action plans are then formulated to improve performance in each perspective.