Refer to Exercise 13.13. Suppose that Mandy communicates the following weights to her CEO: Perspective: Financial, 40%;
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Required:
1. Calculate the potential bonus for each perspective and objective.
2. Describe how Mandy might award actual bonuses so that her managers will be encouraged to implement the Balanced Scorecard.
3. What are some other ways that Mandy can encourage alignment with the company’s strategic objectives (other than incentive compensation)?
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Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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