One of the Drawbacks of the Balanced Scorecard Is That

question 21

True/False

One of the drawbacks of The Balanced Scorecard is that it excludes intangibles such as customer satisfaction and organizational learning

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Definitions:

Divestiture Strategy

A business strategy involving the sale, closure, or spinoff of a company division or segment to refine its core operations or generate capital.

Corporate Strategy

The overall direction and scope of a corporation, including how it selects and manages its businesses and investments to achieve long-term goals.

Safety Practices

Protocols and actions implemented to ensure the health and safety of employees and to prevent workplace accidents and injuries.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices, often including its employees, management, corporate culture, and internal policies.