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Possibilities for improving the performance of organizations using the Balanced Scorecard

Author

Listed:
  • Miculescu Corina

    (Christian University „Dimitrie Cantemir”, Faculty of Management in Tourism and Commerce, Timiºoara)

Abstract

Current economic context in which organizations act has changed a lot, the current environment is characterized by globalization, increased competition, rapid changes, market segmentation, changes in technology, demand volatility, important information. Economic environment influences the organization in various ways, affecting strategy, structure, and control system performance. If for any company is performance, then management tools should pay attention how it is built by the interaction of environment - strategy - structure. In this context, an important system that supports decision-making within organizations is the technique Balanced Scorecard.

Suggested Citation

  • Miculescu Corina, 2012. "Possibilities for improving the performance of organizations using the Balanced Scorecard," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 806-811, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:806-811
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    More about this item

    Keywords

    performance; value; strategy; balanced scorecard;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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