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Describe (80–100 words) a mechanism for ensuring that operational activities are proceeding according to plan.

Describe (80–100 words) a mechanism for ensuring that operational activities are proceeding according to plan.

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Answer #1

Mechanism of a balanced scorecard is a vital planning and management framework that incorporates numerous perspectives that organizations may use to [1] Communicate what they are attempting to achieve, and [2] Measure and screen progress towards strategic targets. The four perspectives are –

[A] Financial Perspective - It integrates the organization along with income and costs.

[B] Customer Perspective - It integrates with consumer loyalty, and speedy reaction to client issues.

[C] Procedures Perspective - It integrates the organization uses to complete the work.

[D] Learning and Growth Perspective - It alludes to how organization has enhanced during the long stretches of activity.

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