Briefly discuss the four perspectives of the balanced scorecard and analyze what each means to your organization.

Assignment:

A balanced scorecard suggests that we view the organization from four perspectives (the learning & growth perspective, the business process perspective, the customer perspective, and the financial perspective). Create a 4 to 6 page paper that discusses the following:

  • What is a balanced scorecard?
  • Briefly discuss the four perspectives of the balanced scorecard and analyze what each means to your organization.
  • In addition to the balanced scorecard, provide an overview of ethics and one other strategy that would be part of your company`s strategic framework for global expansion.
  • Why is it important to combine different strategies when pursuing global expansion?