Petrocal, Inc., refines gasoline and sells it through its own Petrocal gas stations. On the basis of
Question:
Required
1. Was Petrocal successful in implementing its strategy in 2013? Explain your answer.
2. Would you have included some measure of employee satisfaction and employee training in the learn-ing- and- growth perspective? Are these objectives critical to Petrocal for implementing its strategy? Why or why not? Explain briefly.
3. Explain how Petrocal did not achieve its target market share in the total gasoline market but still exceeded its financial targets. Is market share of overall gasoline market the correct measure of market share? Explain briefly.
4. Is there a cause-and-effect linkage between improvements in the measures in the internal-business-process perspective and the measure in the customer perspective? That is, would you add other measures to the internal-business- process perspective or the customer perspective? Why or why not? Explain briefly.
5. Do you agree with Petrocals decision not to include measures of changes in operating income from productivity improvements under the financial perspective of the balanced scorecard? Explainbriefly.
Step by Step Answer:
Cost Accounting A Managerial Emphasis
ISBN: 978-0133428704
15th edition
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan