The balanced scorecard attempts to present four different, but related, knowledge perspectives on financial reporting for shareholders.

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The balanced scorecard is a strategic planning and management system that organizations use to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, prioritize projects, products, and services, and measure and monitor progress towards strategic targets. It focuses on four perspectives: financial, customer, internal business processes, and learning and growth, rather than solely on financial reporting for shareholders.

The Balanced Scorecard Attempts to Present Four Different, but Related