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Economic Value Added: The organization that you work for has been thinking about implementing one of the following performance measures.

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The organization that you work for has been thinking about implementing one of the following performance measures:

* Balanced Scorecard
* Economic Value Added

It has asked you to prepare a summary and make a recommendation as to what performance measure should be used.

286 words

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Solution Summary

This answer discusses using a balanced scorecard and economic value added performance measures. This solution is approximately 300 words with online references.

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Consider the following scenario:

The organization that you work for has been thinking about implementing one of the following performance measures:

* Balanced Scorecard
* Economic Value Added

It has asked you to prepare a summary and make a recommendation as to what performance measure should be used. Use the library, the Internet, and other resources, to research these topics and provide support for your recommendation.
Balanced scorecard is a framework that translates company's vision and strategy into a logical set of performance measures. It is a management tool in which the ...

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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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