Which of the following statements regarding strategic objectives in the balanced scorecard is false? a.Each strategic objective is a subcomponent of the company's mission statement. b.Strategic objectives are the same as the overall mission statement of the company. c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective. d.Strategic objectives define the purpose of an action taken within a company.
Which of the following statements regarding strategic objectives in the balanced scorecard is false? a.Each strategic objective is a subcomponent of the company's mission statement. b.Strategic objectives are the same as the overall mission statement of the company. c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective. d.Strategic objectives define the purpose of an action taken within a company.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following statements regarding strategic objectives in the balanced scorecard is false?
a.Each strategic objective is a subcomponent of the company's mission statement.
b.Strategic objectives are the same as the overall mission statement of the company.
c.Each of the four performance perspectives in the balanced scorecard should be linked to at least one strategic objective.
d.Strategic objectives define the purpose of an action taken within a company.
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