Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Balanced Score Card
This is a popular approach in current management thinking which consists of a variety of indicators both financial and non-financial. The balanced scorecard concentrates on four various perspectives:
Customer Perspective:
What do existing and latest customers value from us? This perspective gives rise to target which matter to customers e.g. cost, quality, delivery, inspection of goods, and handling of goods or customers.
Internal Perspective: What processes should we excel at to attain our financial and customer objective? This perspective therefore aims at improving internal processes and decision making.
Innovation and learning:
Can we continue to enhance and produce future value? This perspective considers the business capacity to maintain its competitive position through the acquisition of new skills and development of new products. The organization must set targets which will emphasize continuous change in customer needs such as the percentage of sales derived from new products. Comparing with establish ones and the long-term investments undertaken.
Explain the Objectives of management accounting? 1. Planning and policy formulation: the object of management accounting is to supply necessary data to the management for fo
What is Sunk cost A cost has been incurred in the past or sunk in the past and is not relevant to the particular decision making, is a sunk cost. If it is decided to replac
Carrying costs of inventory These are costs incurred because the firm has decided to maintain inventories. They generally consist of: • Stock-out costs • Insurance co
) Allgood Inc. has fixed costs of $480,000. It has a unit selling price of $6, unit variable cost of $4.50, and a target net income of $1,500,000. HOW TO COMPUTE
No further banks were the sole source of funds for working capital requires of the business sector. At current more finance options are obtainable to a Finance Manager to allow smo
What is period cost Period costs are those costs which are reported as expanses of the period in question. These are cost which are not assigned to the product but are charged
John Doe, MD A Business Simulation This simulation covers the transactions completed by John Doe, MD, a medical service business, which began on July 1 of the current year. Dr. D
Stock turnover ratio Meaning: this ratio establishes a relation ship between costs of goods sold and average inventory. Objective: the objective of component of this r
stetment
How do you compare two companies operating leverage? Must the sales volume be set the same or the net operating income?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd