Balanced Scorecard: Short Discussion Question
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What are the most difficult aspects of simultaneously balancing the four perspectives in the balanced scorecard?
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This solution provides a detailed explanation of the most difficult aspects of simultaneously balancing the four perspectives in the balanced scorecard.
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A balanced scorecard helps an organization measure its performance through following four perspectives-financial perspective, customer perspective, internal processes perspective, and learning and growth perspective. Hence a balanced scorecard divides a business into four key areas giving managers an advantage of viewing performance of organization in all areas simultaneously. The interplay between these four perspectives is an ...
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