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15 questions
Balanced scorecard can act as a powerful
Development framework
Operations framework
Service framework
Organizing framework
Consensus gaining while strategy management in balanced scorecard is made at stage of
Feedback and learning
Translating the vision
Business planning
Learning
When a company wants to align performance with their goals and objectives, they often use what?
Strategic goal setting
Balanced scorecard
Balanced marketing
Objective scorecard
Which perspective focuses on training employees?
Learning and growth
Business process
Customer
Financial
Which perspective focuses on increase market share?
Financial
Learning and growth
Business process
Customer
Which perspective focuses on increase net profit?
Learning and growth
Financial
Business process
Customer
Which perspective focuses on standardize operational procedure?
Financial
Learning and growth
Business process
Customer
How many different perspectives are there with a balanced scorecard?
4
2
3
5
What is a Key Performance Indicator?
A way to assess employee behavior.
A synopsis of a business' digital marketing.
A measurable value for tracking business goals.
A look back at all the previous year's objectives.
KPIs should follow the rules for SMART objectives. In SMART, what does the ''S'' represent?
Sanctioned
Sales
Specific
Stock
KPIs should follow the rules for SMART objectives. In SMART, what does the ''M'' represent?
Much
Measurable
Meaningful
Mind
Key Performance Indicators may vary based on all of the following EXCEPT which?
Type of industry
Business goals
Unit
Number of employees
Acronym of PDCA….
Plan, Do, Check, Action
Produce, Direct, Check, Action
Propose, Do, Check, Action
Propose, Do, Check, Activate
Below is KPI type, except….
Proxy
Activity
Exact
Identical
Below is cascading method of KPI, choose the correct answer please…
Shared
Identical
Contribute
All answer is correct
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