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Innovation and Learning Perspective - Performance Measures
In this perspective, the company emphasises the design and application of business management initiatives that foster increased innovation and learning among the workforce. Included here can be measures to increase sales of new products, and measures to improve yield, defect rates, customer satisfaction or position in competitor ranking.
The balanced scorecard forces managers to look at measures for all four critical areas in the context of a company, thus limiting the danger of concentrating on any one area at the expense of others. Each perspective is tied in the strategic plan to a number of specific goals which in turn re tied to performance measures.
Factors Responsible for plant Location choice The physical factors associated with location of an enterprise can have a significant impact on the operations of an enterprise a
Hard Change Initiatives - Linking Strategic 1. Total quality management (TQM)/ISO 9000 2. Enterprise resource planning (ERP)/material requirements planning; manufacturing
Define the areas for environmental responsibility. Bennett and James areas for environmental responsibility: • Production for example, minimising waste and toxic emissions.
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 52 percent of cap
. What do you understand by “line balancing”? What happens
Regarding Social Responsibility, who do you agree with more, Leonard (2013) or Friedman (1970)? Why?
According to Morgan (2006), "All theories of organization and management are based on implicit images or metaphors that lead us to see, understand, and manage organizations in dist
how will you influencepeople to strive willingly for group objectives in your organisation(target based industry)apply your interpersonal influence through communication process to
What is your understanding of the term: Brand Equity? How do marketers develop brand equity for their products/services relative to competition? Provide an example of a brand/produ
Contrast the advantages and disadvantages of absolute standards and relative standards.
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