ECONOMICS

COST ACCOUNTING

BALANCED SCORECARDS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are the priorities:
A
Balanced Scorecard
B
Strategic Initiatives
Explanation: 

Detailed explanation-1: -Strategic priorities are the objectives your company hopes to achieve over a designated time period. They are often the values or initiatives the company wants to achieve first out of a larger list of tasks.

Detailed explanation-2: -Strategic priorities are values that guide you to achieve your goals. Priorities align with your company’s vision, mission, and culture to lead to organizational success. Business priorities are the activities that a business undertakes on a day-to-day basis. These include: Attracting and retaining customers.

Detailed explanation-3: -The 5 Priorities Model helps individuals and organisations focus their energy and resources to maximum effect. It does this by picking out and focusing on priorities that need to be done first. Five is a handy number for people to remember. In fact, it’s literally HANDY, as we have five fingers on each hand!

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