Exam CSCP All QuestionsBrowse all questions from this exam
Question 70

Transforming company policies into objectives and specific goals creates a:

    Correct Answer: D

    Transforming company policies into objectives and specific goals typically creates a balanced scorecard. A balanced scorecard is a strategic management tool that translates an organization's vision and mission into a set of measurable objectives and goals across different perspectives like financial, customer, internal processes, and learning and growth. By doing this, an organization can develop key performance indicators (KPIs) for each perspective, enabling continuous monitoring and adjustment to achieve strategic goals.

Discussion
Rajiv8047Option: D

A balanced scorecard is a strategic management tool that translates an organization's vision and mission into a set of measurable objectives and goals across different perspectives.

DaesmaOption: D

D: Transforming company policies into specific objectives and goals typically creates a balanced scorecard. This framework incorporates performance indicators from four balanced perspectives: financial, customer, internal processes, and learning and growth. By transforming company policies into specific objectives and goals, an organization can develop key performance indicators (KPIs) for each perspective and monitor its progress towards achieving its strategic goals.