Asked by Reegan Van Rooyen on Jul 22, 2024
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A balanced scorecard is a combination of performance measures directed toward the company's long- and short-term goals.
Balanced Scorecard
A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.
Performance Measures
Quantitative indicators used to assess how well an individual, organization, or process is achieving its objectives or goals.
- Comprehend the concept and implementation of a balanced scorecard approach.
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Learning Objectives
- Comprehend the concept and implementation of a balanced scorecard approach.
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