The balanced scorecard method developed by Kaplan and Norton attempts to balance short term financial and operational goals against long term financial and strategic goals

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The statement is correct. The balanced scorecard method developed by Kaplan and Norton is a comprehensive management tool that considers both financial and non-financial measures to balance short term and long term goals. It helps organizations to align their strategies with their objectives and track their performance across different perspectives such as financial, customer, internal processes, and learning and growth.

The Balanced Scorecard Method Developed by Kaplan and Norton Attempts