What primary function does a 'Scorecard' serve in OAC?

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A Scorecard in Oracle Analytics Cloud (OAC) primarily serves the function of managing performance against strategic objectives. This tool is designed to help organizations measure their performance indicators and track progress toward specific goals, making it an essential part of performance management.

Scorecards facilitate the alignment of business activities with the strategic goals of the organization by providing a framework for evaluating and monitoring key performance indicators (KPIs). Through this functionality, organizations can easily visualize how well they are doing in relation to their predefined objectives, and adjust strategies or operations accordingly if they are not meeting their targets.

While the other options mention important functions of data analytics and management (such as visualizing trends, financial forecasting, and tracking software usage), they do not capture the comprehensive role of a Scorecard within the OAC environment as effectively as the function of managing performance against strategic objectives. This makes the Scorecard a vital tool in achieving organizational alignment and driving results based on strategic priorities.

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