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Which of the following is a benefit of using a balanced scorecard?

a. Promotes a single-minded focus on financial profitability.
b. Links behavior to strategy.
c. Promotes future capability development.
d. Improves discipline.
e. All of the above
f. B, C, and D only

1 Answer

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Final answer:

The benefit of using a balanced scorecard is that it helps link behavior to strategy, promotes future capability development, and improves discipline, which are essential aspects of holistic organizational performance management.

Step-by-step explanation:

The benefit of using a balanced scorecard includes several components. It is a strategy performance management tool that can help an organization link behavior to strategy, promote future capability development, and improve discipline within its operations and processes. Contrary to promoting a single-minded focus on financial profitability, a balanced scorecard incorporates multiple perspectives such as financial, customer, internal business processes, and learning and growth to provide a more comprehensive view of business performance.

User Dmitry Ornatsky
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