Recommend at least two performance measures

Assignment Help Financial Management

Reference no: EM131824901

Assignment: Balance

In many cases, managers end up in trouble as they direct their focus exclusively on cost savings. Cost cutting is always emphasized, but other impacts, such as decreased quality, can be overlooked. These overlooked impacts can have a significant effect on the revenue and profitability of an organization. The balanced scorecard is a measure to assure that management is not exclusively driven by cost, but balanced with other measures that also can significantly influence the performance of an organization.

Using the internet, research balanced scorecard and its application.

Select a service industry organization of your choice. Complete the following for the selected organization:

• Recommend at least two performance measures in each of the balanced scorecard categories.

• Explain each of your recommendations.

• Using these measures as examples, explain how use of the balanced scorecard can increase the economic value added within the organization.

Write your initial response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation.

Reference no: EM131824901

Questions Cloud

What are four objectives of investigation : What is the most fundamental purpose of investigation? What are four objectives of investigation?

Ace of clubs wins : Consider the following card game with a well shuffled deck of cards. If you draw a red card, you win nothing. If you get a spade, you win $5.

Create a probability model for the amount : Create a probability model for the amount you win at this game, and find the expected winnings. Also compute the standard deviation of this distribution.

Create a probability model : (a) Create a probability model and find Andy's expected profit per game.

Recommend at least two performance measures : Recommend at least two performance measures in each of the balanced scorecard categories. Explain each of your recommendations.

Views on the dream act : A random sample of registered voters from Tampa, FL were asked if they support the DREAM Act, a proposed law which

Determining the roulette wheel : Roulette wheel. The game of roulette involves spinning a wheel with 38 slots: 18 red, 18 black

What is the market cap for the stock you chose : What is the Market Cap for the stock you chose? What is the Price to Earnings Ratio? What is the Dividend and Yield? What is the Enterprise Value?

Four versions of the same game : Four games, one winner. Below are four versions of the same game. Your archnemisis gets to pick the version of the game, and then you get to choose

User Account

All Pages