Difference between revisions of "Balanced scorecard"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | 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. | :[[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures. | ||
| − | + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]] | |
| − | + | :[[Balanced scorecard]]. A performance evaluation system that integrates financial and operational performance measures along four perspectives: financial, customer, internal business, and learning and growth. | |
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[[Category: Management]][[Category: Quality Management]][[Category: Articles]][[Category: Accounting]] | [[Category: Management]][[Category: Quality Management]][[Category: Articles]][[Category: Accounting]] | ||
Revision as of 16:08, 12 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.
According to Managerial Accounting by Braun, Tietz (5th edition)
- Balanced scorecard. A performance evaluation system that integrates financial and operational performance measures along four perspectives: financial, customer, internal business, and learning and growth.
