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Gnesinka [82]
4 years ago
11

Classify each of the following key performance indicators according to the balanced scorecard perspective it addresses. Choose f

rom financial​ perspective, customer​ perspective, internal business​ perspective, or learning and growth perspective. ​(Select all that​ apply.) Performance Indicator Perspective
a. Employee satisfaction ratings
b. EVA
c. New product development time
d. Customer retention
Business
1 answer:
inna [77]4 years ago
6 0

Answer:

1.Employee satisfaction rating could be linked to internal business perspective.

2.EVA(Economic Value Added) could be linked to Financial perspective.

3.New product development time could be linked to learning and growth perspective

4.Customer retention could be linked to customer​ perspective

Explanation:

1. To know employee satisfaction ration , there is a need for employee rating survey to be carried out internally by the company HR

2.Economic Value added is easily checked in the financial capacity experienced by the company overtime in terms of financial gains and losses.

3.New product development can be easily achieved when employer and employee are learning and growing on the business's and this brings new innovation for new products overtime.

4.A good employer and employee had better had s good customer retention skill which could be acquired when they both look from s customer perspectives.

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Allen Construction purchased a crane 6 years ago for $130,000. They need a crane of this capacity for the next 5 years. Normal o
Korvikt [17]

Answer:

<u>For retaining of Old Machine Equipment</u>

Price of old equipment 3 yrs ago = $130,000

O & M cost per year = $35,000

Using the Cash flow approach

End of year   Cash flow 1   Old equipment

0                            $0            Initial Cash flow

1                         -$35,000     O & M cost per year

2                        -$35,000     O & M cost per year

3                        -$35,000     O & M cost per year

4                        -$35,000     O & M cost per year

5                        -$35,000     O & M cost per year

Hence, Annual worth = Initial cash flow + Annual cost

Annual worth = 0 - $35,000

Annual worth = -$35,000

<u>For buying of new equipment</u>

Cost of buying new crane = $150,000

Market value of old crane = $40,000

Time = 5 years

O & M cost per year = $8,000

Salvage value = $55,000

MARR = 20%

Using the Cash flow approach

End of year   Cash flow 1   New equipment

0                         $110,000    -$150,000 + $40,000

1                         -$8,000     O & M cost per year

2                        -$8,000     O & M cost per year

3                        -$8,000     O & M cost per year

4                        -$8,000     O & M cost per year

5                        $47,000     -$8,000 + $55,000

Annual worth = Initial cash flow + Annual cost + Salvage value

Annual worth = -$110,000(A/P 20%,5) - $8,000 + $55,000(A/P 20%,5)

Annual worth = -$110,000*(0.334) - $8,000 + $55,000*(0.134)

Annual worth = -$36,781.77 - $8,000 + $7,390.88

Annual worth = -$37,908.88

Conclusion: We should retain the old machine as it is more favorable than purchase of new equipment

5 0
3 years ago
Which company has the highest level of sales ($) at the beginning of the simulation? Allstar B &amp; B Curall Driscol Ethik
irina1246 [14]

Answer:

Ethik

Explanation:

Ethik has highest level of sales at the beginning of simulation. The company Ethik has well established brand name and customers buys its products even if they are expensive as the main vision of the company is not to compromise on the quality of product.

6 0
3 years ago
As a company prepares to look for talent in a particular position or group, it can evaluate the tasks needed, complete a talent
Furkat [3]

Answer:

Job analysis

Explanation:

Job analysis is a process in which a firm identifies duties, responsibilities, skills, know-how and ability needed for a particular job.

Job analysis is done when a particular job position is about to the filled. By doing job analysis, firms can ensure that only people with attributes that match the job analysis apply for the job position that is to be filled.

Conditions such as level of experience, skills, ability, technical know-how among other things are verified for the job position.

Cheers.

6 0
3 years ago
David carr is the hr manager of witherspoon inc., a publishing company. he wants to know if a certain test of cognitive ability,
bija089 [108]
The correct is generalizable.
He wants to know whether such a test used in the advertising industry is so general that it can be applied to his personnel too - whether its scope is so broad that he doesn't have to change a thing but that it can still be suitable for his employees. 
4 0
4 years ago
You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per year, beginni
qwelly [4]

Answer:

The correct answer is $23,260.69.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt ) = $7,000

Time period (n) = 3

Rate of interest (r) = 5.2%

So, we can calculate the future value by using following formula:

FV = Pmt ( 1 + r)^n + Pmt ( 1 + r)^n-1 + Pmt ( 1 + r)^n-2

By putting the value, we get

= $7,000 ( 1 + 0.052)^3 +$7,000 ( 1 + 0.052)^2+$7,000 ( 1+ 0.052)^1

= $23,260.69

hence, The future value after 3 years will be $23,260.69.

4 0
3 years ago
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