Question

use anexample to illustrate the cause and effect characteristic of the balance score card

Answer 1

The cause-and-effect relations of the balance score card often leads to improved efficiency and profitability. For example: An increased motivation to employees necessarily translates into improved employee and financial performance. An improved performance in Learning and Growth will lead to an ameliorated performance in Internal Business thus positively affect customers which will eventually influence profit performance. When business has good employees doing the right things then the customer will be happy and profits, high.