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One method to monitor perf and determine actions to satisfy customers is the use of balanced scorecards. While there are many perspectives to consider in a scorecard, what is a good set to start with?
Correct Answer: D
The balanced scorecard is a strategic management tool that views the organization from different perspectives to continuously improve strategic performance and results. The good set to start with typically includes: * Financial: The perspective of your shareholders. * Customer: What your customers experience and perceive. * Business process: The key processes you use to meet and exceed customer and shareholder requirements. * Learning and growth: How you foster ongoing change and continuous improvement. For each of these perspectives, the balanced scorecard prompts you to develop metrics, set performance targets, and collect and analyze data, thus offering an efficient mechanism for reviewing strategy implementation based on measurement1. References: 1: ASQ - What is a Balanced Scorecard? BSC Quality Example.