Which of the following is the BEST approach to ensure global regulatory compliance when implementing a new business process?

Using a balanced scorecard is a performance management tool that tracks various aspects, but it does not inherently ensure compliance with legal or regulatory requirements.

The legal department possesses the expertise in interpreting and applying local and international laws, regulations, and compliance frameworks, making their involvement essential to identify potential legal risks, ensure adherence to global standards, and mitigate non-compliance issues for a new business process.

Reviewing and revising business architecture focuses on the structural and operational design of the business, which is important but does not directly address specific legal and regulatory compliance needs.

Seeking approval from a change management board ensures the change is properly managed within the organization but does not specifically guarantee global regulatory compliance.