Many organisations use a balanced scorecard set of measures to determine the short-term incentive for senior managers

Question:

Many organisations use a balanced scorecard set of measures to determine the short-term incentive for senior managers and executives.

Required

Outline any potential difficulties associated with using a set of balanced scorecard measures to determine the short-term incentive.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

See More Books

Question Posted: Jul 14, 2021 02:43 AM

See More Questions

Why would a firm use a balanced scorecard in evaluating divisional performance?
Why would a firm use a balanced scorecard in evaluating divisional performance? Discuss.
A large discount store has used a balanced scorecard for several years. The store's vision is to provide customers with affordable products in a family-friendly shopping environment. The company's...
Design a plan to research and select a new or used automobile.
In staffing a multinational organization for service outside the IC home country, what are some advantages and disadvantages of hiring home-country personnel?
The normal cycling of estrogen that occurs in a fertile female involves an increase in estrogen level before the release of an egg cell from the ovary. Ovulation occurs around the 14th day of a...
Peter The Prophet Verdad is a self-proclaimed prophet who claims that the end of times is near. He earns income as a guest lecturer, from the sale of prophecy books and videos, and as a host at a...
The following misstatements are included in the accounting records of Westgate Manufacturing Company. 1. The accounts payable clerk prepares a monthly check to Story Supply Company for the amount of...
A project capitalized for P50,000 invested in depreciable assets will earn a uniform annual income of P19,849 in 10 years. The costs of operation and maintenance total P9,000a year, taxes and...
Table 1 shows Apple's online orders for the last week. When shoppers place an online order, several "recommended products" (upsells) are shown as at checkout an attempt to upsell See table 2 in cell...
Describe the factors that need to be considered when structuring a compensation plan for executives.
Relative performance evaluation at the company level often results in using a market index like the ASX100 as the peer group. Required Outline the potential advantages and disadvantages of this...
What product would be formed from the SN2 reaction of the following? a. (R)-2-bromobutane and hydroxide ion b. (S)-3-chlorohexane and hydroxide ion c. 3-iodopentane and hydroxide ion
Explain how the achievement of new knowledge or skills related to this Program Outcome can translate to better decision-making as you progress in your career ?
The main conflict in Sophocles' play, Antigone, is the conflict between Creon and Antigone. Find a quotation that represents the argument of each side of this conflict. (Find a quotation where...
calculated the cost of capital . Table 8.8: Cost of Equity, Debt and Capital, Disney Cost of Debt (after- Debt Ratio Cost of Equity tax) Cost of Capital 0% 9.15% 2.73% 9.15% 10% 9.50% 2.82% 8.84% 20%...
2. In the following chart, define inherent characteristics and acquired characteristics. Then, in the third column, discuss a type of job/position in which each characteristic would be required: 14...
Go to the HHS Hospital CompareLinks to an external site. , and enter your local zip code. Search for hospitals in your area. Choose 3 hospitals (Add to Compare) and use the "Compare Now" tool. In...
In a thunderstorm, charge is separated through a complicated mechanism that is ultimately powered by the Sun. A simplified model of the charge in a thundercloud represents the positive charge...
A parking lot charges $3 for the first hour (or part of an hour) and $2 for each succeeding hour (or part), up to a daily maximum of $10. (a) Sketch a graph of the cost of parking at this lot as a...
Why does attempting to improve customer measures such as customer satisfaction, customer retention, customer profitability, and market share not necessarily constitute a strategy?
Describe the low-total-cost value proposition and provide your own example of a company that has successfully implemented this value proposition.
Describe the product leadership value proposition and provide your own example of a company that has successfully implemented this value proposition.
4. Social security benefits increased much more in the 1970's (when inflation was high) than they did in the 1990's. Suppose someone claimed that this shows that social security recipients fared much...
1. Given the following cash flow: Year End-of-year payment 1400 1500 1650 1300 1 2 $1400 FI200 $1500 3 $1650 PI 2 3 4 S 4 $1300 5 $1200 a) Assume the interest rate is 8%, how much would you have to...
Listen Arcturus, Inc. just paid a dividend of $3.20 (i.e., DO = 3.20). Arcturus's dividends will grow at 25% next year and then 30% for the two years after that. After that, the dividend will grow at...

Many organisations use a balanced scorecard set of measures to determine the short-term incentive for senior managers

Question:

Step by Step Answer:

One of the key difficulties when using a set of balanced scorecard measures linked to ...View the full answer

Management Accounting

Students also viewed these Business questions