statements balanced scorecard incorrect

Which of the following statements regarding the balanced scorecard is incorrect?

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    Which of the following statement is false balanced scorecard?

    Expert-Verified Answer The balanced scorecard ia often known as a management system. The statement that is false is that The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.

    Which of the following is not part of balanced scorecard?

    The correct answer is b) External control perspective. The four perspective of a balanced scorecard are: Financial Perspective—adding value for shareholders. Customer Perspective—providing customer satisfaction.

    Which of the following statements are features of balance scorecard?

    The features of the Balanced Scorecard: Clarify and communicate business priorities and objectives to the entire organization. Define and manage action plans to ensure that there are activities and programs that will deliver the strategic objectives. Monitor and measure progress on strategic objectives.

    What is true about a balanced scorecard?

    A balanced scorecard is a strategic management performance metric that helps companies identify and improve their internal operations to help their external outcomes. It measures past performance data and provides organizations with feedback on how to make better decisions in the future.

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