The Balanced Scorecard Strategy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Why is the balanced scorecard used?

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1. Businesses use a balanced scorecard to track all of the following, EXCEPT:

2. What is a non-profit organization able to track using a balanced scorecard?

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About This Quiz & Worksheet

The balanced scorecard strategy is the focus of the questions on this multiple-choice quiz/worksheet combo. How this strategy is used, why it's used and who uses it are among the quiz topics.

Quiz & Worksheet Goals

These assets test your understanding of the following topics:

  • How a financial institution would use the balanced scorecard
  • Who can use this type of scorecard
  • Purpose of the balanced scorecard
  • Businesses using this scorecard

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the business lesson on the balanced scorecard strategy
  • Information recall - access the knowledge you have gained regarding how businesses use this scorecard
  • Knowledge application - use your knowledge to answer questions about specific types of businesses using this strategy, like non-profits and financial institutions

Additional Learning

Keep learning about this strategy by using the lesson The Balanced Scorecard Strategy. It can also help you look more closely at:

  • Examples of using a balanced scorecard
  • Benefits of using this type of strategy
  • The definition of a balanced scorecard
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