The balanced scorecard links short-term and long-term performance objectives to organisational vision and strategies.

Question

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The balanced scorecard is a strategic planning and management system that is used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals. It does this by linking short-term operational objectives with long-term strategic goals.

The Balanced Scorecard Links Short-Term and Long-Term Performance Objectives to Organisational