COST ACCOUNTING
BALANCED SCORECARDS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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one of the disadvantages of the BSC is
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Requires strong sponsorship from leaders to be successful
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Helps to give a logical structure to the strategy
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Stimulates organizational transformation based on strategy
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Explanation:
Detailed explanation-1: -It requires a lot of data Most of the time balanced scorecards require managers and team members to report information, which means logging data. Many don’t like this because they find it tedious and also, it can get in the way of doing the work required to meet objectives.
Detailed explanation-2: -One of the disadvantages of the HR scorecard is that measuring intangibles is difficult, if not impossible, without imparting a degree of subjectivity on the part of HR staff. Subjectivity undermines the validity of data and, therefore, limits the credibility of HR and its ability to prove its worth to an organization.
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