Hy Flyin' Ltd. operates amusement parks similar to those such as Canada's Wonderland, Six Flags, Cedar Point, Disneyworld etc. Hy Flyin's mission is to provide high quality family entertainment that exceed guests' expectations and will create lifelong memories. To achieve this goal, Hy Flyin' strives to provide safe, dlean, friendly family environments at reasonable prices. In addition to the amusement parks, the company operates a community outreach program. Through volunteerism, it offers educational and recreational programs (eg. after school programs for children and teenagers, employment related training for adults) and special events at its facilities. Hy Flyin's president, Roland Coaster, has asked you to lead a team of employees in developing a balanced scorecard for its parks. Required: Ida

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
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Hy Flyin' Ltd. operates amusement parks similar to those such as Canada's Wonderland, Six Flags, Cedar Point,
Disneyworld etc. Hy Flyin's mission is to provide high quality family entertainment that exceed guests' expectations and
will create lifelong memories. To achieve this goal, Hy Flyin' strives to provide safe, clean, friendly family environments
at reasonable prices. In addition to the amusement parks, the company operates a community outreach program.
Through volunteerism, it offers educational and recreational programs (eg. after school programs for children and
teenagers, employment related training for adults) and special events at its facilities.
Hy Flyin's president, Roland Coaster, has asked you to lead a team of employees in developing a balanced scorecard for
its parks.
Required:
Create a balance scorecard that identifies two metrics of performance for each of the 4 dimensions Identify how the metrics relate to Hy
Flyin's key success factors and identify how they would be measured.
Transcribed Image Text:Hy Flyin' Ltd. operates amusement parks similar to those such as Canada's Wonderland, Six Flags, Cedar Point, Disneyworld etc. Hy Flyin's mission is to provide high quality family entertainment that exceed guests' expectations and will create lifelong memories. To achieve this goal, Hy Flyin' strives to provide safe, clean, friendly family environments at reasonable prices. In addition to the amusement parks, the company operates a community outreach program. Through volunteerism, it offers educational and recreational programs (eg. after school programs for children and teenagers, employment related training for adults) and special events at its facilities. Hy Flyin's president, Roland Coaster, has asked you to lead a team of employees in developing a balanced scorecard for its parks. Required: Create a balance scorecard that identifies two metrics of performance for each of the 4 dimensions Identify how the metrics relate to Hy Flyin's key success factors and identify how they would be measured.
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