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Balanced Scorecard

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According to a consulting firm report – Bain and Company, Management Tools and Trends 2015, one of the
top ten management tools implemented by companies was the Balanced Scorecard. Many surveyed
companies (40%) have indicated that they are satisfied with using the Balanced Scorecard for strategic
planning. Explain the Balanced Scorecard and how the Balanced Scorecard can be used for strategic

planning

sample Solution

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