Answer:
b. Entails striking a balance between financial objectives and strategic objectives
Explanation:
The balance score card is the score card that reflects the performance trend from which the organization will be able to take the acts, decisions accordingly.
This may implement measures for financial as well as strategic. The financial could be in terms of income, past performance, solvency, equity, repayment, etc. While the strategic could be in terms of objectives, setting targets and goals so that the business organisation could able to achieve within their prescribed time
Answer:
hey thanks again , you are the points giver
Answer:
Effectiveness, Efficiency in management to achieve organisation goals/ objectives - survival, profit & growth : can make some firms consistently outperform industry averages
Explanation:
Effective & Efficient Management , keen to make organisation achieve its short term & long term goals : can make firm(s) outperform industry average.
Management is the art of getting things done with the aim of achieving organisation goals/ objectives . Organisational objective include : Survival , Profit (market standing) & Growth (innovation) . Effectiveness (getting things done on time) & efficiency (getting best output out of least input) are core aspects of organisation goals achievement.
Good management is very crucial to an organisation's successful performance. It can make organisation achieve right targets at the right time in the right manner. This correct coordination of activities, time & manner can make an organisation realise its potential to the fullest & outshine in its industry.
Overtime earnings = Total overall earnings - Total of regular earnings
For example, let's say that you know that your regular earning is $ 50,000 per year. But at that year, you receive $65,000 in total overall earning before taxes and bonus.
This means that the overtime earnings that you earn during that year =
$ 65,000 - $50,000 = $15,000
Answer:
Cost per equivalent whole unit is a. $3.30
Cost to work in process b. $266,525
Explanation:
Cost per equivalent units is :
Direct Material Cost $70,500 * 100% =
Conversion Cost $34,050 * 40% = 13,620
Direct Material Added $342,000 * 100% =
Conversion Costs $352,950 * 20% = 70,590
Total Cost is $496,710
Equivalent units during February is 225,000
Cost per equivalent unit is $3.30