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Balanced Scorecard Methodology
Finance & Accounting
Pages 3 (753 words)
(Name) (Tutor’s Name) (Date) Balanced Scorecard 1. As per reports, more than half of the most fortunate firms across the world make use of the Balanced Scorecard methodology. Like any other business process application, it acts as a catalyst and a platform for learning evaluating the operations of the business organization.
According to Kaplan and Norton, the balanced scorecard cannot be just considered as a measurement but it becomes useful only when applied as a framework for management process (21-23). Performance measures are set in the balanced scorecard anticipating that those would help to meet the financial objectives of the Organization. ...
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