Explain the benefits of a balanced scorecard.

Q: What is sensitivity analysis? Explain.

A: Financial models refer to the summary or brief of a company's performance, on the basis of the…

Q: What are three important pitfalls to avoid when implementing a balanced scorecard?

A: Balanced Scorecard:Balanced scorecard is a management and planning strategy for organizational…

Q: Give examples of financial and nonfinancial performance measures that can be found in each of the…

A:

Q: Why would a firm use a balanced scorecard in evaluating divisional performance?

A: Balanced scorecard: The balanced scorecard is a framework used by managers, to focus on…

Q: What are the different variables in sensitivity analysis?

A: Answer: Under a given set of expectations, a sensitivity analysis describes the way different values…

Q: Discuss and explain the difference between

A: Parameters of Comparison Horizontal Analysis Vertical Analysis Definition It takes into…

Q: Explain positively correlated

A: Positive correlation: It's a connection between two factors that move the two factors pair — that…

Q: Define sensitivity analysis

A: The process to evaluate the effect of change in one variable on the end result of a project is…

Q: Describe the benefits of benchmarking.

A: Benchmarking is a way to measure something in corporate environment, it is also used to promote…

Q: What is a key performance indicator?

A: Key Performance Indicator: Key performance indicator is the measurement metric used to evaluate the…

Q: What is the balanced scorecard?

A: Balanced scorecard is basically a way of managing things even with the non financial aspects of a…

Q: Understand how toconstruct and use a balancedscorecard

A: Balance Score Card: Balance Score Card is used for assessing the efficiency of the business…

Q: Define the term predictive value.

A: Predictive value refers to the fact that quality financial information can be used to base…

Q: Explain the Sensitivity Analysis?

A: The sensitivity analysis is utilized to comprehend the impact of a lot of autonomous factors on some…

Q: what is differrance between effectiveness an Efficiency

A:

Q: uss how to choose the appropriate benchmark for performance e

A: Choosing appropriate benchmark is very important for evaluation of performance of the portfolio.

Q: List the advantages of decentralization.

A: Decentralization refers to the organizational structure under which the top management delegates…

Q: what factors aided rockwater in it's smooth switch to the balanced scorecard

A: In finance balanced scorecard is often used as a performance measurement system. It includes…

Q: Discuss what improvements the Balanced Scorecard has contributed over the traditional performance…

A: ANSWER   Balance scorecard is a strategic performance measurement system to measure the financial…

Q: How is benchmarking beneficial?

A: Benchmarking is a measure which determines a company's competitive position through comparing its…

Q: The financial

A: Balance Scorecard is a strategic based performance management system that typically idenfifies…

Q: What factors aided Rockwater in its smooth switch to the balanced Score car

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: A balanced scorecard is the compatibility between personal goals and the goals of the organization.…

A: A balanced scorecard is a management tool for strategic performance of the organisation.

Q: What are the four perspectives of the balanced scorecard? Briefly describe each.

A: Four perspectives of the balanced scorecard are: 1) Financial perspective: It is a financial…

Q: balanced scorecard,

A: The non-financial perspectives of a balanced scorecard are produced as under: Perspective…

Q: What kinds of controls are the most difficult to show in a balanced scorecard?

A: The balanced scorecard is a too for measuring the performance.

Q: What is peer group analysis?

A: Peer group analysis helps an investor to determine whether the stock is undervalued or overvalued…

Q: sensitivity analysis

A: The sensitivity analysis represents the more reliable source of prediction. It helps the managers to…

Q: Briefly discuss the balance score card mean of creating an action plan

A: Balance Score Card can be said to be framework for development and management of strategies of a…

Q: Consider the major components of a balanced scorecard. Which of the following is not one of those…

A: THE MAJOR COMPONENTS OF A BALANCED SCORECARD ARE :  1. LEARNING AND GROWTH PERSPECTIVE  2. FINANCIAL…

Q: Using the balanced scorecard (tabular format), translate Rockwater’s strategy into tangible goals…

A: The answer is as fallows

Q: a. Using the data in the table below and calculate the following performance measures

A: Formulas used for M-squared measure, T-squared measure and Appraisal ratio: M-squared measure=Market…

Q: Comment on the four (4) perspectives of the balanced score card

A: Company needed to ascertain the position each year on qualitative basis as well as quantitative…

Q: Define benchmarking

A: Definition : Benchmarking can be understood as the method of contrasting company procedures and…

Q: Highlight the effectiveness of FIFO or FEFO?

A: Inventory management techniques are used by the management for the proper recording and valuation of…

Q: How will management know if one of the hypotheses underlying the balanced scorecard is false?

A: The best way to sort out if the speculation is valid or bogus is by trying it. All the speculation…

Q: good performance measurement system will align the goals of management with ________.

A: Performance measurement is used by the managers in order to make decisions that will be an advantage…

Q: Define the term Sensitivity Analysis?

A: Sensitivity analysis is a financial modelling tool which aims to analyze the change in output…