The balanced scorecard considers both financial and operational performance measures.

Name: The balanced scorecard considers both financial and operational performance measures.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The balanced scorecard is a strategic management framework that considers both financial and non-financial measures, such as customer satisfaction, internal processes, and learning and growth, to provide a balanced view of organizational performance. Therefore, the statement is true.

The Balanced Scorecard Considers Both Financial and Operational Performance Measures