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The Overall Aim of the Balanced Scorecard Is to Balance

question 8

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The overall aim of the Balanced Scorecard is to balance financial objectives with strategic objectives.


Definitions:

Mutual Agreement

A concord reached voluntarily between two or more parties on a set of terms or conditions.

Negotiation

The process where two or more parties discuss an issue to reach a mutually acceptable agreement.

Communication Process

The exchange of information and understanding from one person to another, involving a sender, message, medium, and receiver.

Art Gallery

A place where artworks are displayed and sold to the public.

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