In Terms of a Balanced Scorecard, Define Strategy

question 12

Essay

In terms of a Balanced Scorecard, define Strategy?

---

Definitions:

Consume

The act of using up a product or service, often involving the purchase of goods for personal use.

Buying Center

A group of individuals within an organization who are involved in making a purchasing decision.

Deciders

Individuals or groups within an organization responsible for making final purchasing or policy decisions.

Formal Authority

The power granted to an individual or organization by virtue of their position or role, enabling them to enforce rules or make decisions.