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Question 4 The Balanced Scorecard BSC) remains one of the most strategic performance measurement and control tool that has revolutionized performance evaluation. Companies that use
Question 4 The Balanced Scorecard BSC) remains one of the most strategic performance measurement and control tool that has revolutionized performance evaluation. Companies that use it are able to translate their vision, mission and strategy into business perspectives, objectives and performance measures that employees understand and accept. Evaluate in general, the extent to which the BSC approach is useful in assessing organisational performance. Evaluate also the importance in tying staff compensation to performance measures in the BSC. (25 marks) [Total: 25 Marks]
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