Difference between revisions of "Balanced scorecard"

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:[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document.
 
:[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document.
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
[[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures.
+
:[[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures.
  
  

Revision as of 19:22, 10 July 2020

Balanced scorecard is a performance measurement tool that looks as more than just the financial perspective.

Definitions

According to Management by Robbins and Coulter (14th edition),

Balanced scorecard. A performance measurement tool that looks as more than just the financial perspective.

According to Managing Quality by Foster (6th edition),

Balanced scorecard. A tool for monitoring both financial and operational metrics in one document.

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Balanced scorecard. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures.