Why are managers more likely to achieve their objectives in both the short term and the long term when they utilize a tool such as the balanced scorecard?


Managers are more likely to achieve their objectives in both the short term and the long term when they utilize a tool such as the balanced scorecard because they are balancing the needs of all stakeholders. Stakeholders include investors (i.e., financial), employees (i.e., learning and growth), internal business processes, and customers.

Business

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