ITPEC IP October 2020 Question 83

Source exam: ITPEC IP October 2020Topic: Business Strategy Management

ITPEC IP October 2020 — Question 83 of 100

The balanced scorecard translates vision and strategy into targets and measures from financial, customer, internal-process, and learning-and-growth perspectives. The combination balances short- and long-term results and connects capabilities and processes to customer and financial outcomes.

Answer (c)

Why not others:
- PPM allocates resources using market growth and relative market share

- SWOT analyzes strengths, weaknesses, opportunities, and threats

- the marketing mix coordinates product, price, place, and promotion

Key rule: The four stated perspectives are the direct identifying feature of the balanced scorecard.

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