Question: Please do some research on the internet to learn about EVA (Economic Value Added), which is another tool to measure performance. First, describe where you

Please do some research on the internet to learn about EVA (Economic Value Added), which is another tool to measure performance. First, describe where you believe EVA is different from the Residual Value method that we covered in chapter 11? Next please describe a specific situation, where performance measurement is needed. This can either be a real-life scenario that you recall from your workplace or having learned about in the news, or a scenario that you are making up. Then pick one tool (EVA, Residual Income or ROI) and share with the class why you prefer this one over the other two.

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