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Background
Balanced scorecard (BSC) at M&R
Compensation plans
• Globals competitive ranking on ROA and EPS growth.• M&Rs balanced scorecard metrics.• Own business units balanced scorecard.In 1995, M&R generated more income per barrel of oil than the industry average, and its ROA exceeded the industry's average.
Required:
Question a. Critically evaluate M&R's implementation of the balanced scorecard. Identify any strengths and weaknesses of the program.
Question b. Was the adoption of the balanced scorecard at M&R responsible for the turnaround in its financial performance?
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