Question: . Using the given balanced scorecard, identify the strategic objectives of the company. a . Acquire up - to - date technology b . Number

. Using the given balanced scorecard, identify the strategic objectives of the company.
a. Acquire up-to-date technology
b. Number of production malfunctions
c. Online customer survey rating
d. Average employee tenure
Using the given balanced scorecard, identify the performance metrics of the company.
a. Number of production malfunctions
b. Online customer survey rating
c. Average employee tenure
d. All the above
2. Using the given balanced scorecard, identify the statement that explains the strategic map.
a. Acquiring up-to-date technology reduces employee turnover and production malfunction. This in turn increases the level of satisfaction of the customer and profitability.
b. Improved delivery time reduces the employee turnover and increases the profit.
c. Reduction in production malfunction leads to acquiring up-to-date technology and increases the profit of business.
d. None of the above.
3. Using the given balanced scorecard, identify the statement that explains the measure map.
a. Reducing the average age of production machinery and increasing the average employee tenure can reduce the number of production malfunctions.
b. Increased average employee tenure decreases the hours from ordered to delivered.
c. Reduction in hours from ordered to delivered increases the online customer survey rating and the market share.
d. All the above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!