Question

What do we mean by financial perspective? What goes into this? What, if anything, do you...

What do we mean by financial perspective? What goes into this?

What, if anything, do you not understand about the research you have to do?

Homework Answers

Answer #1

1. Financial perspective is one of the key elements of balanced scorecard approach which implies that a firm should be having adequate financial strategy and financial operations which can add to the overall value of shareholders wealth.

company should always strive for using their financial resources into an optimum manner in order to maximize their overall benefits and minimise their overall risks so they can maximize the overall value of the company and that can help the company to survive and sustain in the long run and it can also help the company to have a financial edge against it's competitors.

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