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Explain the purpose of the balanced scorecard

Discussion Post: Balance Scorecard

The balanced scorecard uses both financial and nonfinancial measures. Explain the purpose of the balanced scorecard and identify two examples of nonfinancial measures that might be included in a balanced scorecard.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Management: Explain the purpose of the balanced scorecard

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