What is the purpose of a balanced scorecard?
(A) To measure contribution of people to business growth
(B) To combine a range of qualitative and quantitative indicators of performance (C)To relate business performance to financial measures
(D) To relate business performance to customer satisfaction
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The balanced scorecard (BSC) is a strategic planning and management system. Organizations use BSCs to: Communicate what they are trying to accomplish. Align the day-to-day work that everyone is doing with strategy.
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To combine a range of qualitative and quantitative indicators of performance (C)To relate business performance to financial measures
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