In as few words as possible, please explain the meaning of the phrase "balanced scorecard." What exactly is the connection between something like this and the day-to-day running of a business?

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter8: Project Quality Management
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In as few words as possible, please explain the meaning of the phrase "balanced scorecard." What exactly is the connection between something like this and the day-to-day running of a business?

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