The balanced scorecard can serve as a tool for communicating vision and mission throughout an organization.

Question

Quizplus · Accepted Answer

The balanced scorecard not only provides a framework for measuring and monitoring performance, but it can also be used to communicate an organization's vision and mission to all levels of the organization. This helps to ensure that everyone is on the same page and working towards common goals.

The Balanced Scorecard Can Serve as a Tool for Communicating