An example of a nonfinancial measure for customer satisfaction is:     delivery delay     employee turnover     number of defects on the production line     process yield     none of the above could be customer satisfaction measures

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter13: The Balanced Scorecard: Strategic-based Control
Section: Chapter Questions
Problem 15E: In a balanced scorecard, a key strategic if-then statement is provided: if the number of defective...
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  1. An example of a nonfinancial measure for customer satisfaction is:

       

    delivery delay

       

    employee turnover

       

    number of defects on the production line

       

    process yield

       

    none of the above could be customer satisfaction measures

     

     

    2.Measures of the balanced scorecard's financial perspective might include all of the following EXCEPT:

       

    operating income

       

    customer satisfaction

       

    gross profit percentage

       

    cost reductions

    3.

    Which of the following is NOT true of the balanced scorecard?

       

    Different strategies call for different scorecard measures.

       

    Successful implementation requires commitment and leadership from top management.

       

    Only objective measures should be used and subjective measures should be avoided.

       

    Cause and effect linkages are implied by the balanced scorecard, and even though they may not be precise, can and should evolve over time.

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