Question: Match each term with its definition: Time Elapsed: Attempt due: Feb 6 at 1 1 : 5 9 p m 4 Minutes, 4 1 Seconds
Match each term with its definition:
Time Elapsed:
Attempt due: Feb at :
Minutes, Seconds
Financial Perspective
Choose
Choose
Internal Perspective
Customer Perspective
Innovation and Learning Perspective
The balanced scorecard
was developed by Analog Devices in as a sum mary of broad performance measures across the organization
Focuses attention on the performance of the key internal processes that drive the business. They include such measures as quality levels, productivity, cycle time, and cost.
Directs attention to the basis for future successthe organization's people and infrastructure. Key measures might include intellectual assets, employee satisfaction, market innovation, and skills development
Focuses on customer needs and satisfaction as well as market share. This includes service levels, satisfaction ratings, and repeat business
Unnecessary transportation
Support processes
Measures the ultimate results that the business provides to its shareholders, including profitability, revenue growth, return on investment ROI economic value added EVA and shareholder value important to "running the business" and maintaining or achieving a sustainable competitive advantage
characterized by unsatisfactory performance that causes customer dissatisfaction, such as high levels of defects, service failures, or customer complaints.
Manufacturers often produce more than required simply to avoid an expensive setup or to build a buffer because of poor quality rejects or schedule production earlier than needed. Overproduction ties up pro Efficiency problems
Conformance problems
Valuecreation processes
Choose
Overproduction
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