The following if-then statements were taken from a Balanced Scorecard: a. If employee productivity increases, then process

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The following if-then statements were taken from a Balanced Scorecard:
a. If employee productivity increases, then process efficiency will increase.
b. If process efficiency increases, then product price can be decreased.

Required:
1. Identify the lead and lag variables, and explain your reasoning.
2. Discuss the implications of Requirement 1 for the financial and learning and growth perspectives.
3. Using the first if-then statement, explain the concept of double-loop feedback.

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Related Book For  book-img-for-question

Cost Management Accounting and Control

ISBN: 978-0324559675

6th Edition

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

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