Asked by Donna Gentry on Jul 05, 2024
Verified
To minimize common measures bias when developing divisional balanced scorecards for unique divisions within a corporation,
A) one division may focus more heavily on a subset of the four perspectives, for example on learning and growth and internal processes, while other divisions focus on different perspectives, such as customer and financial
B) each division must focus equally on all four perspectives of the balanced scorecard
C) the performance metrics should be treated as strategic objectives in and of themselves within each division
D) it is important to stop gathering information when the results for the division look good
Common Measures Bias
Common measures bias refers to a type of error that can occur in statistical analysis when the same measurement instruments or methods are used to collect data on different variables, leading to artificially inflated correlations.
Divisional Balanced Scorecards
Strategic planning and management tools used to monitor the performance of a business unit against its objectives and goals.
Learning and Growth
Learning and growth refer to an organizational perspective focused on enhancing capabilities, employee skills, and overall innovation to achieve long-term objectives.
- Acknowledge the significance of customized performance evaluation systems for various business units.
Verified Answer
Learning Objectives
- Acknowledge the significance of customized performance evaluation systems for various business units.
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