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Is the balanced score card an effective tool to measure business efficiency? If so,why?

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Question added by Varun Manohar , Finance Controller , Pesanteur Online Services LLP
Date Posted: 2013/08/06
Muhammad Usman
by Muhammad Usman , Group Financial Controller , Axys Group

People and their managers are working so hard to be sure things are done right, that they hardly have time to decide if they are doing the right things so BSC is the right tool which helps management to align their actions with their cooperate strategy.
BSC may vary from one business to other and it really matters on how you are defining and analyzing BSC factors on timely basis.

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