Question

In: Accounting

Which of the following depicts the way we normally think of the causal order of the balanced scorecard perspectives?


Which of the following depicts the way we normally think of the causal order of the balanced scorecard perspectives? 

 Internal Business -> Learning and Growth -> Customer -> Financial

 Learning and Growth -> Customer -> Internal Business -> Financial 

 Learning and Growth -> Internal Business Customer -> Customer-> Financial

 Financial -> Customer -> Intenal Business -> Learning and Growth


Solutions

Expert Solution

Answer : Option A

Explanation : In general the way we normally think of the casual order of the balanced scorecard perspectives is Option A i.e.,

Internal Business - Learning and growth - Customers and then financial goals.

Because at first we will think of improving internal processes of the company and then we will learn to innovate the company , thereafter reaching Customer expectations and the achieving the company's financial goals

Therefore Option A will be the correct answer.


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