Explain and list 4 dimensions of the balance scorecard

What will be an ideal response?


1) Financial- return on assets and stock price related to effectiveness and profits
2)customer measures- number of new or repeated customers and percentage of repeated customers related to customer attraction and satisfaction
3)internal business process- speed at serving a customer and time it takes to create a new product and get it to market related to organizations efficiency
4)learning and growth- average number of new skills learned by each employee every year

Business

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Which of the following is (are) NOT correct regarding disclosure requirements lessees? I. For capital leases, future minimum lease payments in the aggregate and for each of the succeeding five years must be disclosed. II. For operating leases with initial or remaining lease terms in excess of one year, future minimum rental payments in the aggregate and for each of the five succeeding fiscal

years must be disclosed. III. For capital leases, future minimum lease payments for each of the succeeding five years must be disclosed. IV. For operating leases with initial or remaining lease terms in excess of one year, future minimum lease payments for each of the five succeeding fiscal years must be disclosed. a. I only b. II only c. Both I and II d. Both III and IV

Business

McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the FIFO perpetual inventory method, what is the value of inventory after the October 4 sale?

A. $3,445. B. $3,461. C. $3,500. D. $3,485. E. $3,472.

Business

__________ are items of personal property attached to real property that cannot be removed without substantial damage

a. Connectors b. Relaters c. Entanglements d. Fixtures

Business

Gourmet Foods, Inc, requires all distributors of its products to sell them at a specified minimum price. Under the Sherman Act, this is a violation

a. if the anticompetitive effects outweigh the competitive benefits. b. if the competitive benefits outweigh the anticompetitive effects. c. under any circumstances. d. under no circumstances.

Business