The Balanced scorecard for Easy Cart for the past 6 months and their future targets is presented
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Question:
The Balanced scorecard for Easy Cart for the past 6 months and their future targets is presented below:
Measure | Target for the six months | Plant Manager 1 | Plant Manager 2 | |||
Actual | % better (or worse) than target | Actual | % better (or worse) than target | |||
Financial Perspective | ||||||
Return on Equity | 12% | 12.2 | 1.7% | 12.1 | 0.8% | |
Employee productivity (output in kg/ employee hr) | 50 | 52.4 | 4.8% | 53.7 | 7.4% | |
Reduction in Production Costs | 10% | 10.6 | 6.0% | 10.4 | 4.0% | |
Donations to World Vision | $120 | 114.1 | -4.9% | 113.8 | -5.2% | |
Customer perspective | ||||||
Customer retention | 85% | 83.5 | -1.8% | 84.1 | -1.1% | |
Customer satisfaction rating | 90 | 93.7 | 4.1% | 92.5 | 2.8% | |
Market Share | 35% | 37.1 | 6.0% | 37.3 | 6.6% | |
Internal operations perspective | ||||||
Quality measure | 75% | 73.1 | -2.5% | 72.8 | -2.9% | |
% of packaging made from recyclable materials | 70% | 75% | 0.5% | 74% | 0.4% | |
Number of improvements implemented | 100 | 99.0 | -1.0% | 97.0 | -3.0% | |
Net Profit Margin | 8% | 7.7 | -3.8% | 7.9 | -1.3% | |
% Reduction in energy use in Kwh | 10% | 10% | 0.0% | 1% | -9.0% | |
Innovation and improvement perspective | ||||||
Employee satisfaction survey | 80 | 77.3 | -3.4% | 76.9 | -3.9% | |
Employee suggestions | 25 | 24.0 | -4.0% | 23.0 | -8.0% | |
Hours of employee training | 70 hr | 71.0 | 1.4% | 74.3 | 6.1% | |
Achieve gender equality for all employee levels (% male employees) | <75% | 70% | 5% | 78% | -3.0% |
1. Identify which two measures have not been appropriately assigned to the perspectives and explain why.
2. Analyse which plant manager has performed the best across the sustainability (social and environmental) measures. Provide a detailed explanation and conclusion.
3. Select two performance measures within Easy Cart's Balanced Scorecard and identify which UN Sustainability Development Goal they align with and explain why.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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