Describe. the history and purpose of the balanced scorecard.
Question:
Describe. the history and purpose of the balanced scorecard.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
The balanced scorecard is a strategic management tool that was developed in the early 1990s by Dr Robert Kaplan a professor at Harvard Business School ...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
The balanced scorecard is used as strategic planning and a management technique. This is widely used in many organizations, regardless of their scale, to align the organization's performance to its...
-
Either by visiting a website or from a description in a published article, find a description of the implementation of a Balanced Scorecard. Required (a) Document in detail the elements (objectives,...
-
Kolmog Hotels is a large, listed chain of branded hotels in Ostland. Its stated mission is: ?To become the No. 1 hotel chain in Ostland, building the strength of the Kolmog brand by consistently...
-
For selection of controls for the case-control analysis, investigators decided to use a matching process. Which variables did they choose to match on when selecting controls? For selection of...
-
From the following facts calculate what Uriah Jones paid Jade Co. for the purchase of a dining room set. Sale terms are 1/10, n/30. a. Sales ticket price before tax, $12,000, date April 5. b. Sales...
-
A cylindrical fuel rod of 2 cm in diameter is encased in a concentric tube and cooled by water. The fuel generates heat uniformly at a rate of 150 MW/m3. The convection heat transfer coefficient on...
-
Fantastic Sams and Defendants PSTEVO, LLC and Jeremy Baker entered into a franchise agreement pursuant to which Fantastic Sams granted PSTEVO a franchise to operate a Fantastic Sams Salon. According...
-
Direct labor variances: price, efficiency, mix, and yield. Trevor Joseph employs two workers in his guitar-making business. The first worker, George, has been making guitars for 20 years and is paid...
-
Phelps competed at the Olympics. He won several gold medals and cash prizes, all worth $300,000. In addition, in the year that Phelps competed in the Olympics, he received several commercial...
-
Calculate the ROI for Gardner Chemical given the following information: A. 25% B. 24% C. 60% D. 40% Income Revenue Average assets $ 6,000 $24,000 $10,000
-
Which of the following measures the profitability of a division relative to the size of its investment in capital assets? A. Residual income (RI) B. Sales margin C. Return on investment (ROI) D....
-
A market is described by the following supply and demand curves: QS 5 2P QD 5 300 2 P. a. Solve for the equilibrium price and quantity. b. If the government imposes a price ceiling of $90, does a...
-
How might membership in an airline frequent flier program influence a businessman to book an airline flight that is not in the best interests of his employer? How might a travel agency commission...
-
What are the main problems with using moving averages in forecasting?
-
On a decision tree, once the tree has been drawn and the payoffs and probabilities have been placed on the tree, the analysis (computing EMVs and selecting the best alternative) a. working backward...
-
What are the purposes of regression analysis? How does it help businesses?
-
Qualitative factors a. are less important than quantitative factors. b. are difficult or impossible to quantify. c. were first developed by Frederick W. Taylor. d. all of the above.
-
What rate of exchange would be used to translate purchases into a presentation currency?
-
State whether each statement is true or false. If false, give a reason. {purple, green, yellow} = {green, pink, yellow}
-
Refer to the photo in Exhibit 11.3. Comment on the body language exhibited by each person at the meeting and how engaged they are in the communication. Exhibit 11.3.
-
What are some things that managers can do to reduce noise in communication?
-
What are the key sources of cultural intelligence?
-
Let sets A and B be defined as follows. A = {k, l, m, q} B is the set of odd numbers greater than 3 and less than 19 (a) Find the cardinalities of A and B. n(A) = [] n(B) = X (b) Select true or...
-
Would a leader with a high concern for task differ from a leader with high concern for relationships?
-
A charge 5.04 nC is placed at the origin of an xy-coordinate system, and a charge -1.96 nC is placed on the positive x-axis at x = 3.99 cm A third particle, of charge 6.04 nC is now placed at the...
Study smarter with the SolutionInn App