A Balanced Scorecard framework allows companies to assess the value of IT investments in terms of contribution to strategic objectives, is the true statement.
The balanced scorecard is a strategic planning and performance management system that records financial and non-financial variables to determine the effectiveness of a business and when corrective action is required.
Companies can use a Balanced Scorecard framework to evaluate the value of IT investments in terms of their contribution to strategic goals.
This is because the scorecards provide management with valuable insight into their firm's service and quality in addition to its financial track record.
Therefore, the given statement is true.
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