Question
Which of the following is correct about Balance
Scorecard? i. It is a strategy performance management tool that can be used by managers to keep track of the execution of activities. ii. It focuses on the strategic agenda of the organization concerned iii. It has a mix of financial and non-financial data itemSolution
Balanced scorecard is an example of a closed-loop controller or cybernetic control applied to the management of the implementation of a strategy. Closed-loop or cybernetic control is where actual performance is measured, the measured value is compared to a reference value and based on the difference between the two corrective interventions are made as required. Such control requires three things to be effective: •a choice of data to measure, •the setting of a reference value for the data •the ability to make a corrective intervention.
Select the most appropriate meaning of the given idiom.
To bear the palm
Once in a blue moon
In these questions, each of the following is followed by four meanings. Choose the correct option which best conveys the meaning of the idiom
Foo...
Select the most appropriate meaning of the given idiom.
Back to square one
Fill in the blank given below using the correct idiom.
The actor's sudden outburst during the interview was _______________ and left the audie...
- Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
The manager decided to take the bull by the horns a... An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may ...
- Select the most appropriate option to substitute the bold segment in the given sentence.
The delay in the project turned out to be beneficial, as i... Cut the mustard
Steal someone’s _______________
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