balanced scorecard
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Q: Are my formulas correct and did I get the correct answer (I get $333,000 as my answer for Maximized…
A:
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A: THE ANSWER IS AS BELOW:
Q: In what management practice control sheets would be least likely used
A: Answer: Option (B)
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How to implement of the balanced scorecard in an autoparts company by using the 4 stages of implementing the balanced scorecard as contained in the reading Strategy Execution Module 9: Building a Balanced Scorecard
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- The purpose of the balanced scorecard is best described as helping an organization: translate an organization’s mission and strategy into a set of performance measures that help to implement the strategy introduce innovative products and services desired by target customers mobilize employee skills for continuous improvements in processing capabilities, quality and response times develop customer relations20_______ A balanced scorecard for measuring company performance a . entails putting equal emphasis on financial and strategic objectives. b . entails putting balanced emphasis on profit and non-profit objectives. c . prevents the drive for achieving financial objectives from overwhelming the pursuit of strategic objectives. d . prevents the drive for achieving strategic objectives from overwhelming the pursuit of financial objectives. e entails creating a set of objectives that is "balanced" in the sense of including both financial and strategic objectives.Are my formulas correct and did I get the correct answer (I get $333,000 as my answer for Maximized Profit)? If not show me how to fix it. Question: Sunblessed Juice Company sells bags of oranges and cartons of orange juice. Sunblessed grades oranges on a scale of 1 (poor) to 10 (excellent). At present, Sunblessed has 220,000 pounds of grade 6 oranges and 150,000 pounds of grade 9 oranges on hand. The aver- age quality of oranges sold in bags must be at least 7, and the average quality of the oranges used to produce orange juice must be at least 8. Each pound of oranges that is used for juice yields a revenue of $2.25 and in- curs a variable cost (consisting of labor costs, variable overhead costs, inventory costs, and so on) of $1.35. Each pound of oranges sold in bags yields a revenue of $2.00 and incurs a variable cost of $1.20. a. Determine how Sunblessed can maximize its profit.
- Which of the following elements of the balanced scorecard shows the expected cause-and-effect relationships among strategic objectives? strategy maps strategic initiatives measure maps performance targetsWhen performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single productEvaluate of the implementation of the balanced scorecard in Transworld Auto Parts by using the 4 stages of implementing the balanced scorecard as contained in the reading Strategy Execution Module 9: Building a Balanced Scorecard
- Explain the concept of dashboard Explain the four elements of a balanced scorecard in relation to boxer stores The four elements: The finance axis The customer axis The internal processes axis The organisational learning and innovation axisWithin the process in the "monitoring" section, we consider the indicators (choose the correct answer): a. clearly insufficient b. superfluous and interpretable c. the best tool for decision makingDevelop a spreadsheet for the question. The vice president of finance has looked at your ooriginal scoring model and feels that tax considerations should be included in teh model with a weight of 15. In addition, the VP has scored the methods on tax considerations as follows: method A recieved a score of 3, method B recieved a score of 2, and Method C recieved a score of 1. How would this additional information affect your recommendation?
- Which of the following is true for long-term goals? Group of answer choices the goal should be connected to athlete values and what's important to them the long term goal should be process oriented the long term goal should be easily achieved the long term goal should be an outcome goalDirections: For each of the following situations: a. indentify the independent variable/s b. name the dependent variable; and c. give the two attributes of each variable A study on customer's satisfaction based on the quality of food offered in fast foods.Coronado Company gathered the following data about the three products that it produces: PresentProduct Estimated SalesValue beforeProcessing AdditionalProcessing Costs Estimated Salesif Processed Further A $8700 $5500 $16200 B 15500 5000 18200 C 10500 7600 15600 Which of the products should be processed further? Product A Product C Product B All three products