Discuss Balanced score card theory in strategic management
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Discuss Balanced score card theory in strategic management
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- what is strategic review, evaluation and control and its illustrationExplain why you believe that the balanced scorecard is an important critical strategic management concept. Be sure to explain the various elements of a balanced scorecard.Characterize two 'portfolio planning' methods (e.g. BCG matrix) and discuss their role in strategy formation to the organisation.
- The use of management science in "market analysis". List three positive and negative outcomes from this application of management science.Discuss the role and importance of strategy monitoring in the strategic management process.Describe how the SWOT Analysis works in relation to a company’s decision making in regards to the environment in which it operates.