In the non-profit sector performance measurement is more challenging, simply because there is the use of a wider set of a. Objectives b. Task c. Activities d. Margin
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- 1. Describes how the traditional measures, such as ROI, and shareholder value measures to properly assess performance of the company. 2. Explain what is balanced scorecard approach? How it be used to develop key performance measures of the company. 3. Why Activity-based costing are important to the company? 4. Explain the process of benchmarking.Recommend how you will monitor and control the cost focus strategy in Langston Roach Industries, Trinidad and Tobago. This can include performance reviews, budget analysis and reporting, etc. A complete answer will give insight on the cost focus stretgy, a definition of strategic control and how they plan to move foward with monitoring and controlling this strategy in the business.in output 7.2: (a) how is the risk ratio calculated? What does it tell you? (b) how is the odds ratio calculated and what does that tell you? (c) how could information about the odds ratio be useful to people wanting to know the practical importance of research results? (d) what are some of the limitations of the odds ratio as an effect size measure?
- explain how the balance scorecard anf its metrices can be used to strengthen the strategic performance management in an organization1. The Following are the Qualitative Performance Indicators, Except a. Penetration of new markets b. Enrichment of products c. Improvement of process d. Market Share 2. Give at least 2 importance of conducting a Strategic Audit.TRADEKINGS is a soft drink manufacturer in Zambia. Although it has a commandingshare of the soft drink market in Zambia, it is facing increasing competition from asoft drink known as Atia from Kenya and the Coca-Cola line of soft drinks.Required:Use a Product Portfolio (SWOT) Analysis to:A. Identify the opportunity OR threat to the company.B. Identify the company’s strength OR weakness of the company.C. Recommend an appropriate strategy
- Recommend how you will monitor and control the cost focus strategy in Langston Roach Industries, Trinidad and Tobago. This can include financial control and other forms of control like performance reviews, budget analysis and reporting, etc. A complete answer will give insight on the cost focus stretgy, a definition of strategic control and how they plan to move foward with monitoring and controlling this strategy in the business.The aim behind a balanced scorecard is to provide a comprehensive framework for translating acompany’s strategic objectives into a coherent set of performance measures. It allows managers tolook at the business from four (4) different perspectives.RequiredState and briefly explain the four different perspectives of the balance score cardThe SWOT is Select one: a. A business strategy used to summarise the key components of the company strategic environments b. A business or strategic planning technique used to outsource the key components of the company strategic environments. c. A business or strategic planning technique used to summarise the key components of the company strategic environments d. A business or strategic planning technique used to select the key resources of the company strategic environments.
- create an Operationalplan for a wind farm (wind turbines that produce electrcity) Your operational plan should include key processes,structures and strategies involved in the transformation ofinputs into outputs. Where possible, a transformationmodel may be used to demonstrate this process. Thebusiness approach to planning and management ofproduce and services may also be included. And descriptions of key personnel and the organisationalstructure, employments agreements, etc.Identify the Generic Strategy that PennyMac Financial Services Inc is using to compete currently. Other Significant strategies? Give as much details as possible.1. The performance measurement system should encourage each manager to act in a manner that Select one: a. most positively supports the organization's mission and competitive strategies b. increases his/her performance reward in the form of profit sharing c. reduces the need for informational elements in support of the manager's planning function d. makes the manager's units profits as high as possible 2. Engaging in product design for manufacturability reduces Select one: a. Training costs Preproduction design time Assembly time Yes Yes Yes b. Training costs Preproduction design time Assembly time No No No c. Training costs Preproduction design time Assembly time Yes Yes No d. Training costs Preproduction design time Assembly time No Yes Yes