Asked by
Vhutali Ralikhuvhana
on Nov 17, 2024
Verified
The balanced scorecard is a marginally effective strategic performance management system.
Balanced Scorecard
A strategic performance measurement system that incorporates multiple performance dimensions by combining financial and nonfinancial measures.
Strategic Performance
The analysis of a company's performance as it relates to its strategic goals, focusing on long-term outcomes and objectives.
- Understand the role and effectiveness of the balanced scorecard as a strategic performance management system.
Verified Answer
TC
Learning Objectives
- Understand the role and effectiveness of the balanced scorecard as a strategic performance management system.
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