Your boss recently attended an accounting seminar at which the balanced scorecard was discussed. He has asked you to prepare for the next manager’s meeting about the balanced scorecard and how EEC might adopt it. In your dicuss you should complete the following:
- Define the elements that might be presented in a balanced scorecard.
- Explain how the elements will be used.
- Make a recommendation of whether or not EEC should adopt the balanced scorecard.
- If adopted, how might it improve the company?