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What lines of business does the score card entail?

Answer :

Final answer:

A business scorecard encompasses various lines of business such as sales, marketing, customer service, and production, tracking progress towards strategic objectives. It can detail sales targets, conversion rates, production costs, output, quality control measures, and shareholder returns.

Explanation:

A scorecard in business commonly refers to a performance measurement tool that helps a company track its progress towards its strategic objectives. It can include various lines of business such as sales, marketing, customer service, production, etc. For example, an organization may have a sales scorecard that details the sales targets for each individual or team, track the conversion rates and closing rates for potential leads, or gauge customer satisfaction!

Another example could be a manufacturing company's scorecard might look at factors such as production costs, total output, quality control measures, and service contracts fulfilled. Furthermore, the scorecard may involve figures tied to the financials of the business, such as shareholder returns (referring to shares and shareholders).

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