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According to a consulting firm report - Bain and Company, Management Tools and Trends 2015, one of the top ten management tools implemented by companies

According to a consulting firm report - Bain and Company, Management Tools and Trends 2015, one of the top ten management tools implemented by companies was the Balanced Scorecard. Many surveyed companies (40%) have indicated that they are satisfied with using the Balanced Scorecard for strategic planning.Explain the Balanced Scorecard and how the Balanced Scorecard can be used for strategic planning?

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