What is one of the perspectives used by an organization when developing a balanced scorecard?

The Balanced Scorecard (BSC) is a strategic management tool that measures organizational performance from multiple perspectives. One of its core perspectives is "Financial" because:

Financial performance metrics evaluate cost efficiency, profitability, and value for money.

The four standard perspectives of the Balanced Scorecard include:

Financial – Measures cost control, revenue, and return on investment.

Customer & Stakeholder – Assesses customer satisfaction and stakeholder engagement.

Operational Excellence – Evaluates efficiency, productivity, and service quality.

Innovation & Learning – Focuses on continuous improvement and staff development.

Why the other options are incorrect:

(B) Management style is not a formal BSC perspective.

(C) Market trends may influence strategic decisions but are not a standalone BSC category.

(D) Real Estate strategic plan is an operational consideration but does not replace financial performance as a key BSC metric​.