why is it important for management to use a balanced scorecard?

Answers

Answer 1

The management of a firm uses the balanced scorecard for a lot of reasons.  Management  is advised to use a Balanced Scorecard as it helps to;

Develop organizational performance by measuring what is essential. It boast focus on strategy and results. It help to merge organization strategy with workers on a day-to-day basis. It is based on the drivers key to future performance.

A balanced scorecard is simply known to be a type of  strategic management performance metric that helps firms to known and improve their internal operations.

It also point out the design of performance reports and dashboards by making sure that management reporting is based on the most vital strategic issues.

Learn more about balanced scorecard from

https://brainly.com/question/19259487


Related Questions

The manufacturing cost of an air-condioning unit is $544, and the full-replacement extended warranty costs $113. If the manufacturer sells 506,970 units with extended warranties and must replace 20% of them as a result, how much will the replacement costs be? (Note: Assume manufacturing costs and replacement costs are the same. ) a. $55,158,336 b. $11,457,522 c. $2,129,274 d. $66,717,252 Please select the best answer from the choices provided A B C D.

Answers

Answer:

I think its C

Explanation:

Bank deposits are insured up to a certain amount by the

Answers

Answer:

by the federal deposit and insurance corporation

Explanation:

When a customer exits the queue, there are two possible outcomes. One is a chance that the customer may return to the source population to be served again. What is the other

Answers

Answer:

there is a low chance of reservice

Explanation:

costs incurred internally to create intangibles are

Answers

Answer:

Explanation:

Businesses often invest to have a multitude of sources, such as: definite land use rights, computer software, patents, copyrights, fishing licenses, export quotas, limits, etc. import regulations, decentralization, business relationships with customers or suppliers, customer loyalty, market share and marketing rights…

Why is it important for Chipotle to revise the company’s food-handling
standards?

Answers

Answer:

It is important for Chipotle to revise the company’s food-handling  standards as they have been linked to recent outbreaks of E. coli, salmonella, and other food born viruses.

Explanation:

(In reality who gives a sh#t about Chipotle, no one wants to get sick from their disgusting food...)

After a period when prices have been rising rapidly, the Federal Reserve tightens credit and over a period of 2 years, the inflation rate falls from 4% to 2%. This is an example of:

Answers

Answer:

Explanation:

This is supposed to represent what is going to happen,, it's an impossible dream. The question simply does not imply.

However if we live in Oz then this is an example of using interest rates to lower inflation.

In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split

Answers

The number of shares that an investor will have after split is 320 shares.

Stock split refers to when a company divides its existing shares into multiple shares.

Here, we are to find the number of shares that an investor will own.

Given Information

Stock split rate = 2-for-1 stock split (2/1)

Share holding before split = 160 shares

Number of shares after the split = Share holding before split * Stock split rate

Number of shares after the split = 160 shares * 2/1

Number of shares after the split = 320 shares

Therefore, the number of shares that an investor will have after split is 320 shares.

See similar solution here

brainly.com/question/25300299

if financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?

Answers

Answer:

the  lungs or the brain

Explanation:

________ measures the frequency that someone who clicks on an ad makes a purchase, likes a site, or takes some other action desired by the advertiser.

Answers

The term that describes the frequency of click by people on a particular ads on a site as well as actions by advertiser is conversion rate.

Conversion rate can be regarded as a measure that give enablement to know the number of click on a particular ad.

It helps to know how many people make a purchase through ads on the website.

Therefore, conversion rate is correct.

Learn more at:

https://brainly.com/question/3163475?referrer=searchResults

Question 1 of 10
Which action will not protect your credit?
A. Disputing errors
B. Considering a credit freeze
C. Reviewing credit reports yearly
D. Applying for multiple loans

Answers

Answer:

I don't know the answer but I'm gonna go with D

Disputing errors will not protect your credit. Thus, option 'A' is the correct option.

What is the best way to protect your credit?

Freeze your record at each of the four credit bureaus—Equifax, Experian, TransUnion, and Innovis—for optimum protection. The websites of each bureau are where you may accomplish this. Your report can be frozen for free and then unfrozen at any moment, for example, to submit an application for a new loan. Prior to approving a new mortgage, auto loan, or credit card, the majority of lenders review your credit record.

The ability to view this report is restricted by a freeze, making it more difficult for identity thieves to create new credit accounts in your name. Once you've opened a Social Security account, make sure to freeze your report. Fraud may be the cause of a rapid drop in your credit score. It's crucial to monitor this quantity because of this.

Learn more about protecting your credit, here:

https://brainly.com/question/14193644

#SPJ2

Which global facility type manufactures products at low cost but with skilled workers and significant managerial resources

Answers

A global facility type which takes advantage of low cost raw materials and skilled labor for production purpose is called an offshore factory.

Offshore factories are located outside a manufactures home country in a bid to take advantage of low cost raw material and skilled and good managerial resources.

After production is done, the finished product are then imported back into the manufacturer's home country.

Hence, the missing phrase is offshore factory.

Learn more : https://brainly.com/question/25747013

PLEASE HELP RIGHT NOW
GIVING BRAINLESS!!!!!ONLY IF YOU HELP​

Answers

Answer:

1)Flexible hours

2)Redistribution

3)Link

4)foundation

5)Nache

What is operations management and its role?

Answers

In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.

At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.

- INTELLIGENT answerer

as the aggregate price level in an economy decreases,

Answers

Answer:

imports decrease

Explanation:

CORRECT ANSWER GETS BRAINLIEST!!!!!

Calculate the closing price of a bond that has a face value of $1,000 and is closing at
101 7 8 percent of the face value.
O $1001.78.
O $1000.75.
O $1018.75.

Answers

Answer: C 1,018.75

Explanation:

Here ill help yall.

C

C

A

C

C

C

B

D

B

C

100%

Correct if not leave a dislike

Business Management II B

Answer:

$1,018.75

Explanation:

How to Calculate the price of a bond

1. Locate the percent of $1,000 that the bond was selling for at the close of the day.

1.01875 (to get this amount in this question, 7/8 = 0.875, then add to 101 = 101.875. Multiply 101.875 * 100 = 1.01875.)

2. Multiply the decimal equivalent of the percent by $1,000.

$1000 * 1.01875 = $1,018.75

3. Round the product to the nearest cent, if necessary.

a group of individuals who have a general interest in the environment have sufficient standing to file a class-action lawsuit against a company polluting a waterway.

Answers

A group of individuals who have a general interest in the environment do not have sufficient standing to file a class-action lawsuit. Therefore, it's false.

It should be noted that taking care of the environment is everyone's priority. It's important to keep the environment clean and safe. This is vital in order to avoid diseases.

Also, a group of individuals who have a general interest in the environment do not have sufficient standing to file a class-action lawsuit against a company polluting a waterway. This is appropriate. Therefore, the statement is false.

Read related link on:

https://brainly.com/question/25718310

Why did the length of time required to develop an administrative rule grow from an average of 15 months to an average of more than 35 months over the last four decades

Answers

Considering the bureaucratic regulations, the length of time required to develop an administrative rule grew from an average of 15 months to an average of more than 35 months over the last four decades because "it takes a lot of procedures before a conclusion is made."

This is because currently, there is a need to make new procedures that require more public notice.

Also, the administrative rules such as environmental impact statements will have to go through more public hearings, additional cost-benefit analysis, and pass stronger legal obligations.

An administrative rule is made to ensure that certain activities will have no unacceptably large negative consequence on the human or physical environment.

Hence, in this case, it is concluded that making an administrative rule takes a lot of procedures before a conclusion is made.

Learn more here: https://brainly.com/question/14835202

A garden store bought a fountain at a cost of $995. 66 and marked it up 100%. Later on, the store marked it down 25%. What was the discount price?.

Answers

$1,493.49 would be the discount price.

Marking up to 100% would double its price; equaling $1,991.32. Then discounting that number by 25% will give you your answer of $1,493.49

Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming

Answers

When one is having an allergic reaction to something, one symptom that is not expected is Screaming.

An allergic reaction usually leads to the following:

Person has trouble breathing Person develops anxiety Person might faint

It is not a usual thing that a person will scream as a result of an allergic reaction.

We can therefore conclude that screaming is not associated with allergic reactions.

Find out more at https://brainly.com/question/20093415.

if you save $2 per day for a year how much will you have by the end of one year?​

Answers

Answer:

1 day = 2$

1 year = 365 days

365 x 2 = 730.

will have 730$ by the end of an year

Answer:

$730

Explanation:

Name three valid reasons (termination for cause) an employee may be terminated from a job?

Answers

Stealing drinking on the job and and charging people extra to keep the money

A corporation issues for cash $8,000,000 of 20-year, 8% bonds, interest payable semiannually. The amount received for the bonds will be

Answers

Answer:

uwuuwuwuwuwuwwuwwuuwuwuuwuwuwuwuwu

Which of the following is an advantage of starting your own business?

Answers

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:

When prices of outputs in an economy become sufficiently high causing production to exceed potential GDP, the resulting: hyper-intense production will be unsustainable in the long run. higher wages will encourage workers to produce more at high prices. lower prices will lead to a lower quantity of demand. downward slope in aggregate supply curve will be short run.

Answers

Answer: Hyper-intense production will be unsustainable in the long run

Explanation: Prices cannot continue to rise because the economy is working above potential GDP at that point. Potential GDP is calculated based on full employment, so the economy will eventually trend back down in the long run.

An author can register his or her copyright application with the _____. International Trade Administration (ITA) International Trade Administration (ITA) US Copyright Office US Copyright Office US Patent and Trademark Office (USPTO) US Patent and Trademark Office (USPTO) Department of Commerce (DOC)

Answers

Answer:

United States copyright office

Explanation:

hope this helps!

milton friedman led a new economic school of thought called

Answers

Answer:

Friedman's economic theories became what is known as monetarism, which refuted important parts of Keynesian economics.

School: Keynesian economics

Works written: A Monetary History of the United ...

Explanation:

A successful __________ innovation will be less risky but less profitable than a successful __________ innovation.

Answers

incremental, radical

New household appliances, automobiles, and __________ were goods popular among consumers of the 1920s. A. airplanes B. sailboats C. televisions D. radios

Answers

Answer:

I believe the answer is C and if the answer is wrong then my second best choice is D but im sure its C let me know!

Explanation:

Answer:

radios because people would need it 2 listen 2 music and other things

Explanation:

Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.

Answers

Answer:

Account b

Explanation:

Something that serves as a model for others to copy is a

Answers

Something that serves as a model for others to copy is an example (i assume and hope) maybe prototype ?
Other Questions
Write a polynomial function f of least degree that has rational coefficients, a leading coefficient of 1, and the zeros 4 and 3 - I.f(x)= Which of the following correctly compares the radii of Na and Na+? (4 points)Group of answer choicesNa has a smaller radius than Na+ because Na has expanded its electron cloud.Na has a larger radius than Na+ because Na has lost its outermost energy shell.Na has a smaller radius than Na+ because Na+ has expanded its electron cloud.Na has a larger radius than Na+ because Na+ has lost its outermost energy shell. Which sentence below has a misplaced modifier NO FILES A recipe for cooking a turkey states to allow 20 minutes for each pound of turkey and to add 5 minutes per pound if the turkey is stuffed. Our turkey weighs 16 pounds and will be stuffed. To have dinner at two o'clock in the afternoon, what time does the turkey need to go in the oven? Allow 1/2 hour for cooling and carving. Explain your answers and your thinking. Diploid means having Multiple Choice one homologous set of chromosomes. two chromosomes in each somatic cell. two chromosomes in each gamete. three homologous sets of chromosomes. two homologous sets of chromosomes. HOW MUCH ITS ( 4/2 - 1/2 ) + 3/4 I need the answer because Im stay in test English: Comment if you are Christian and believe in the lord.I can do everything in Christ who strengthens me Philippians 4 13Espanol: comenten si cren en el senor.todo lo puedo en cristo que me fortalece Filipenses 4 13 A basketball player made 12 out of 15 free throws she attempted. She wants to know how many consecutive free throws she would have to make to raise the percent of successful free throws to 85%. Write an equation to represent this situation. Solve the equation. How many consecutive free throws would she have to make to raise her percent to 85%? Answer: what is the relationship between peers and Casual friendships Explain how the Halloween holiday is related to economics. solve the literal equation a + 4b = 5b - 3a for a Which of the following best describes the compositional layers of the earth? a. All layers of the Earth below the crust are liquid. B. The only liquid layer of the earth is the mantle. C. The crust floats on top of the outer core. D. Some layers of the earth are liquid, and some are solid. what are the only elements that exist in nature as uncombined If there are not enough jobs for everyone in the economy/the demand for jobs are higher thanthe amount of jobs availableA. Cyclical EmploymentB. Frictional EmploymentC. Structural Employment PLS ANSWER FAST CORRECT ANSWER WILL BE BRAINLIEST why is it when your little you can eat 5 bags of candy but when you grow older and you can only eat 2 without thinking its to sweet here are my two other drawings one is a dragon the other is the battle of pearl harbour, what do u guys think? answer honestly XD How can you prove a triangle is a right triangle? (4 points) aUse the distance formula to see if at least two sides are congruent. bUse the slope formula to see if any sides are perpendicular. cUse the distance formula to see if all three sides are congruent. dUse the slope formula to see if any sides are parallel. write a equation of the line that goes through the points (-2,-4) (0,6) I will go shopping while you (cook/cooking/cooked)