MANAGERIAL ACCT W/CONNECT >IC<
MANAGERIAL ACCT W/CONNECT >IC<
15th Edition
ISBN: 9781259405303
Author: Garrison
Publisher: MCG
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Chapter 11, Problem 9Q
To determine

Balanced Score Card:

It is a performance measure implemented to evaluate the performance of an entity based on four major parameters:

  1. Financial Perspective
  2. Customer Perspective
  3. Internal Process Perspective
  4. Learning and Growth Perspective

Indicators of the entity’s performance in each of these parameters are evaluated and a comparison is done to track progress and achievement of the entity’s organizational objectives and goals.

To Discuss:

The reason of measures used in a balanced scorecard differs from company to company.

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