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Which of the following is not part of Balanced Scorecard *FinancialCustomerSupplierInternal

Question

Which of the following is not part of Balanced Scorecard

*Financial
*Customer
*Supplier
*Internal

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Solution

Identify the Options

  1. Financial
  2. Customer
  3. Supplier
  4. Internal

Definition of Balanced Scorecard Perspectives

The Balanced Scorecard is a strategic planning and management system used for aligning business activities to the vision and strategy of the organization. It traditionally consists of four perspectives:

  1. Financial
  2. Customer
  3. Internal Business Processes
  4. Learning and Growth

Analysis of Options

  • Financial: This is a key perspective of the Balanced Scorecard focusing on financial performance and the use of resources.
  • Customer: This perspective addresses customer satisfaction and retention.
  • Supplier: This is not a recognized perspective within the Balanced Scorecard framework.
  • Internal: This likely refers to Internal Business Processes, which is indeed part of the Balanced Scorecard.

Conclusion

The odd one out in the given options is Supplier, as it is not part of the traditional Balanced Scorecard framework.

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