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Applications of the balanced scorecard in Chinese hotel industry

ZHANG Su-juan,DUAN Xue-hong,CHEN Rong-rong(Department of Management,Shijiazhuang Vocational Technology Institute,Shijiazhuang,Hebei 050081,China)  
The balanced scorecard serves as the basic information of the enterprise,and is closely linked with its achievement.Besides,it may help businesses in financial and non-financial balance,internal and external balance,long-term and short-term balance as well as lagging and advanced balance.Chinese hotels should accordingly strengthen the management,evaluation,reforms of state-owned hotels and the level of managers.
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