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Teresha Jacobs
on Nov 24, 2024

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Balanced scorecards give top managers:

A) a fast, but comprehensive view of the business.
B) a very detailed view of financial performance.
C) a detailed plan for internal process improvement.
D) a detailed plan for innovation and learning.
E) a detailed plan for achieving good customer service results.

Balanced Scorecards

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.

Comprehensive View

is an approach or perspective that considers all aspects and factors, providing a complete and inclusive understanding of a subject or problem.

Financial Performance

An assessment of how well an organization manages its resources and commitments to generate income and ensure sustainability.

  • Describe the role of balanced scorecards in managerial control and performance evaluation.
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Emiley ThompsonNov 29, 2024
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