Individual Assignment: Business Model and Strategic Plan Part III: Balanced Scorecard Purpose of AssignmentStudents have the opportunity to recommend an implementation strategy that addresses change management and corporate social responsibility with the help of a balanced scorecard.Resources RequiredUniversity of Phoenix Material: Business Model and Strategic Planning OutlineUniversity Library: IBISWorld, Mergent Online, Hoover’s databasesStrategic Management, Ch. 10, 11, & 12Crafting and Executing Strategy, Ch. 9, 10, &12Grading GuideContent70 PercentMetPartially MetNot MetComments:Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOTT analysis and supply chain analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:Shareholder Value or Financial Perspective, includes strategic objectives in areas such as:Market shareRevenues and costsProfitabilityCompetitive positionCustomer Value Perspective, includes strategic objectives in areas such as:Customer retention