Which of the following statements is true of the balanced-scorecard? Its primary focus is to base a firm's strategic goals entirely on external performance dimensions. It attempts to provide a holistic perspective on firm performance. It is a more or less a one-dimensional metric of measuring competitive advantages of a firm. It is one of the traditional approaches of measuring firm performance.

The correct answer is letter "B": It attempts to provide a holistic perspective on firm performance.

Explanation:

A Balanced Scorecard is a management tool that allows implementing a frim's strategy thanks to a series of activities allowing permanent control over all the company's factors linking them with its objectives.  

After all the institution's objectives, goals, indicators, and activities have been identified, the information is entered in a chart using for that purpose Information Technology (IT) systems where the progress of each of them is monitored.

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