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Explain the balanced scorecard

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As outlined by Kaplan and Norton, the "Balanced Scorecard" relies on 1) Translating the vision; 2) Communicating and linking; 3) Business planning; and 4) Feedback and learning, in addition to traditional financial measures to help a company achieve its long-term strategic objectives. Briefly describe how achieving long-term strategic objectives is achieved through each of the four processes.

Reference no: EM133157988

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