The balanced scorecard suggests viewing organizational activity from five perspectives: the learning and growth perspective, the business process perspective, the customer perspective, the stakeholder perspective, and the financial perspective.

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The balanced scorecard suggests viewing organizational activity from four perspectives: the learning and growth perspective, the business process perspective, the customer perspective, and the financial perspective. The stakeholder perspective is not one of the original four.

The Balanced Scorecard Suggests Viewing Organizational Activity from Five Perspectives