how balanced scorecard is used to evaluate performance

Question

Question

Answer 1

Answer #1

A balanced Scorecard is a Strategic management performance metric used to identify and improve various internal business func

Answer 2

Similar Homework Help Questions

I'll rate 1. Balanced Scorecard There are several options for evaluating a firm's performance. Among these are N...

I'll rate 1. Balanced Scorecard There are several options for evaluating a firm's performance. Among these are Net profit trends, market share trends, and the balanced scorecard. These have all been used to evaluate your firm's performance in the simulation. Provide a comparative discussion of the three indicators mentioned above.
The Balanced Scorecard 1. Why might measures used in a balanced scorecard differ from company to...

The Balanced Scorecard 1. Why might measures used in a balanced scorecard differ from company to company? 2. Why does the balanced scorecard include financial performance measures as well as measures of how well internal business processes are doing? 3. If you were at a company and were being reviewed on an annual basis for promotions, increases in salary, etc - would you prefer to be evaluated with a balanced scorecard approach? Some other assessment method? Why?
Discuss the motivation and architecture of the balanced scorecard. Explain how the balanced scorecard is seen...

Discuss the motivation and architecture of the balanced scorecard. Explain how the balanced scorecard is seen in some in some quarters as a conceptually superior performance measurement and appraisal tool over “managing by numbers”.

Discuss the motivation and architecture of the balanced scorecard. Explain how the balanced scorecard is seen...

Discuss the motivation and architecture of the balanced scorecard. Explain how the balanced scorecard is seen in some in some quarters as a conceptually superior performance measurement and appraisal tool over “managing by numbers”.
Which of the following statements about the Balanced Scorecard is true? a. An effective balanced scorecard...

Which of the following statements about the Balanced Scorecard is true? a. An effective balanced scorecard will create a strategy map and validate the cause-and-effect relationships between measures in the four perspectives and financial outcomes. b. The four balanced scorecard ‘perspectives’ used by all companies are the: operational, investing, financing, and customer perspectives. c. A balanced scorecard is commonly used to evaluate investment decisions.
The balanced scorecard method is a framework for aiding executives with key performance indicators of the...

The balanced scorecard method is a framework for aiding executives with key performance indicators of the firm. Describe in detail the balanced scorecard method along with the four dimensions of this model.

If improvement in a performance measure on a balanced scorecard should lead to improvement in another...

If improvement in a performance measure on a balanced scorecard should lead to improvement in another performance measure, but does not, then management should reexamine its strategy 0 False
A balanced scorecard: a. Emphasizes financial performance b. Caters to the needs of the employees c....

A balanced scorecard: a. Emphasizes financial performance b. Caters to the needs of the employees c. Tries to meet the organization's responsibilities to stakeholders d. Is just a set of multiple performance measures
Many organizations now use balanced scorecard or multiple dimensions of performance measurement, such as productivity, profit,...

Many organizations now use balanced scorecard or multiple dimensions of performance measurement, such as productivity, profit, market trends, quality, patient satisfaction, and worker satisfaction. Tell us how Religious is using multiple dimensions of performance measurement.

41. The balanced scorecard is used to tie performance measures to which of the following? a. organizational...

41. The balanced scorecard is used to tie performance measures to which of the following? a. organizational goals. b. short-term objectives only. c. long-term objectives only. d. regulatory requirements. 42. Which of these is the perspective of the balanced scorecard that includes supplier relationships and outsourcing? a. financial perspective. b. internal business and production process perspective. c. learning and growth perspective. d. customer perspective. 43. Why do managers often have incentives for committing financial fraud? a. Bonuses, merit pay increases, and promotions...