The balanced scorecard is a set of financial and nonfinancial measures that reflect the performance of the business.

Name: The balanced scorecard is a set of financial and nonfinancial measures that reflect the performance of the business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is true. The balanced scorecard is a strategic planning tool that includes financial and nonfinancial measures such as customer satisfaction, employee satisfaction, and internal processes to evaluate and improve business performance.

The Balanced Scorecard Is a Set of Financial and Nonfinancial