Assessing Performance (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Who developed the Balanced Scorecard model?
Who developed the Balanced Scorecard model?
Kaplan and Norton
How many perspectives does the Balanced Scorecard use?
How many perspectives does the Balanced Scorecard use?
Four
What four components are identified for each Balanced Scorecard perspective?
What four components are identified for each Balanced Scorecard perspective?
Objectives, measures, targets, initiatives
What question does the financial perspective ask?
What question does the financial perspective ask?
How do we create value for shareholders?
Which measure is associated with the customer perspective?
Which measure is associated with the customer perspective?
Market share
What does the internal business process perspective focus on?
What does the internal business process perspective focus on?
Operational efficiency
What is a limitation of the Balanced Scorecard?
What is a limitation of the Balanced Scorecard?
Can cause information overload
Who developed the Triple Bottom Line model?
Who developed the Triple Bottom Line model?
Elkington
What three areas does the Triple Bottom Line measure?
What three areas does the Triple Bottom Line measure?
Profit, people, planet
What does the overlapping centre in the Triple Bottom Line represent?
What does the overlapping centre in the Triple Bottom Line represent?
Sustainability