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Balanced Scorecard, Economic Value Added

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The organization that you work for has been thinking about implementing one of the items below and they have asked you to prepare a summary of these topics.

Balanced Scorecard
Economic Value Added

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Solution Summary

This solution is comprised of a detailed explanation to answer the request of the assignment of more than 200 words of text.

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Balanced Scorecard is a new approach to strategic management, which was developed in the early 1990's by Dr. Robert Kaplan (Harvard Business School) and David Norton. They named this system the "balanced scorecard". The balanced scorecard approach provides a clear prescription as to what companies should measure in order to balance the financial perspective. It will enable the management to look at the ...

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