What is meant by the term balancedscorecard framework

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Reference no: EM131268425

Accounting for Managers Assessment Task: Case Study

Case Study on Woolworths Ltd (WOW).

The following documents are available on Blackboard:

Woolworths Ltd (WOW)Annual Report 2015.
IBISWorld Woolworths Report, June 2015.

Based on the information provided on Blackboard and your own individual research, answer the following questions on the "Balanced Scorecard Framework"and the retail industry:

1. Explain what is meant by the term "BalancedScorecard Framework"

2. Discuss the main advantages and disadvantages of the "Balanced Scorecard Framework".

3. Analyse Woolworths 2015 Annual Reports and suggest what performance indicators they would use to evaluate its performance using the "Balanced Scorecard Framework".

Reference no: EM131268425

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