The Balanced Scorecard is an effective marketing management tool, with four unique perspectives, financial, customer, internal process, and learning and growth. The financial perspective considers return on marketing investment. The customer perspective focuses on customer identification, attraction, and retention. The internal process perspective focuses on connecting with customers, and learning and growth considers intangibles, such as human and technological capabilities, and business culture.
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How a Balanced Scorecard Measures Current and Future Marketing Performance
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