Strengths of the Balanced Scorecard Can Typically Be Summarised in Three

question 37

Multiple Choice

Strengths of the balanced scorecard can typically be summarised in three groups. Which of the following is not one of them?

• A) Guidance for improvements
• B) Motivation
• C) Communication and linkages
• D) Cost

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Definitions:

Business Organizations

Various legal structures used by entities to conduct business, including sole proprietorships, partnerships, corporations, and cooperatives, each with distinct rules, liabilities, and taxation policies.

Corporation

A legal entity that is separate and distinct from its owners, providing the owners with limited liability.

Limited Liability

A legal structure that limits the financial liability of company owners to the amount they invested, protecting personal assets from business debts.

Shareholder Control

The power exercised by shareholders to influence a company’s decisions, often through voting rights associated with share ownership.