The Balanced Scorecard offers many advantages as compared to traditional management by objectives. It provides a thorough
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The Balanced Scorecard offers many advantages as compared to traditional management by objectives. It provides a thorough perspective of an institution's effectiveness to start. However, The Balanced Scorecard has some potential drawbacks that organizations must be aware of. Firstly, implementing a Balanced Scorecard system may be difficult and time-consuming.
Do you think that the Balanced scorecard system is more useful to a large corporation (like Walmart or Costco) or a smaller corporation?
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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