What Is a Balanced Scorecard? - Metrics & Examples


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question 1 of 3

The balanced scorecard is divided into four process areas so management can determine _____.

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1. The image below is an example of a/an _____.

2. Which one of the following is a true statement regarding the balanced scorecard method?

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About This Quiz & Worksheet

Find out what you know about this subject with this quiz and worksheet. Use the quiz to test your understanding of things like the purpose of performance appraisals and what is a balanced scorecard.

Quiz & Worksheet Goals

The worksheet and quiz will guide you to:

  • Recognize what is provided by a balanced scorecard
  • Understand how a balanced scorecard is made to be effective
  • Identify the most important aspect of the balanced scorecard

Skills Practiced

Use the following study skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on balanced scorecards
  • Making connections - use understanding of the concept of a balanced scorecard and how it is connected to what it provides
  • Interpreting information - verify that you can read information regarding the purpose of performance appraisals and interpret it correctly

Additional Learning

Review this lesson named What Is a Balanced Scorecard? - Metrics & Examples. The lesson will cover the following objectives:

  • Analyze the balanced scorecard method
  • Identify focus areas of the balanced scorecard
  • Recognize different metrics
  • Assess an example of a balanced scorecard