Difference between revisions of "Balanced scorecard"
Line 6: | Line 6: | ||
According to [[Managing Quality by Foster (6th edition)]], | According to [[Managing Quality by Foster (6th edition)]], | ||
:[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document. | :[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document. | ||
+ | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
+ | [[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures. | ||
− | [[Category: Management]][[Category: Quality Management]][[Category: Articles]] | + | |
+ | [[Category: Management]][[Category: Quality Management]][[Category: Articles]][[Category: Accounting]] |
Revision as of 18:26, 9 July 2020
Balanced scorecard is a performance measurement tool that looks as more than just the financial perspective.
Definitions
According to Management by Robbins and Coulter (14th edition),
- Balanced scorecard. A performance measurement tool that looks as more than just the financial perspective.
According to Managing Quality by Foster (6th edition),
- Balanced scorecard. A tool for monitoring both financial and operational metrics in one document.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition), Balanced scorecard. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures.