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A _____ combines financial measures of past performance with nonfinancial measures of the drivers of future performance to provide management with a road map for creating shareholder value.


a. profit center

b. balanced scorecard

c. cost driver

d. operating budget

Respuesta :

Martebi

Business often uses the balanced scorecard. A balanced scorecard combines financial measures of past performance with nonfinancial measures of the drivers of future performance.

A balanced scorecard is simply regard as a strategy performance management tool. It is known as a thorough structured report, that is used by managers to monitor the execution of activities by the staff within their control.

  • It is also used to keep track the consequences arising from these actions.

It is known also as a management system targeted at translating an organization's strategic goals into a number of organizational performance objectives.

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