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Bas_tet [7]
3 years ago
6

Identify the BEST description of the Balanced​ Scorecard's customer perspective. To achieve our​ firm's vision and​ strategy: A.

How does the company intend to​ attract, retain, and deepen relationships with targeted customers by differentiating itself from​ competitors? B. How can we obtain greater​ profits? C. How do we motivate​ employees? D. How do we lower​ costs?
Business
1 answer:
Nata [24]3 years ago
6 0

Answer:

A. How does the company intend to​ attract, retain, and deepen relationships with targeted customers by differentiating itself from​ competitors

Explanation:

The balanced scorecard refer to the scorecard that shows the performance level from which the organization will be able to make the decisions, actions respect.  

And for the customer perspective, the balanced scorecard plays a vital role as it aims how to attract the customers, how to retain the customers, how to build long term relationships with the customers.

This all can be done by knowing what type of product they are interest to buy and according to that providing them an excellent service so that they get maximum satisfaction plus do modification in the products of the company which we can known as innovation so that the company could able to gain a competitive advantage due to which the company could able to achieve its sales target and capture the maximum market share in an economy

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The law of diminishing returns indicates that:a. because of economies and diseconomies of scale a competitive firm's long-run av
Olegator [25]

Answer:

The correct answer is option c.

Explanation:

The law of diminishing returns states that as we go on employing additional inputs the return or payoff from each unit of input will become smaller or go on declining. This means that after a certain point the total output will start increasing on a decreasing rate as we go on hiring more inputs.

In other words, the marginal product of inputs will go on declining with each additional unit of input employed. As a result after reaching a certain point, the marginal product starts to decline.

7 0
3 years ago
Decorte Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
Airida [17]

Answer:

$94.10 per unit

Explanation:

Total direct labor-hours 10,000

Total fixed manufacturing overhead cost $33,000

Variable manufacturing overhead per direct labor-hour $2.50

Job K332:

Number of units in the job 70

Total direct labor-hours 140

Direct materials $455

Direct labor cost $5,320

total variable overhead = $2.50 x 140 = $350

prorated fixed overhead = (total fixed overhead / total direct labor hours) x direct labor hours used = ($33,000 / 10,000) x 140 = $462

total product cost = direct labor + direct materials + variable overhead + prorated fixed overhead = $5,320 + $455 + $350 + $462 = $6,587

product cost per unit = $6,587 / 70 units = $94.10 per unit

3 0
3 years ago
Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a c
alexandr402 [8]

There is some information missing and I looked up it. If the numbers are not exactly the same, you adjust them to your question.

  • The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436.
  • The bank collected $26,500 on a $25,000 note, including interest of $1,500.
  • A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.
  • Bank service charges for June amounted to $55.

Answer:

June 30, 20Y1

Dr Cash 26,500

    Cr Notes receivable 25,000

    Cr Interest revenue 1,500

Dr Cash 3,600

    Cr Accounts receivable 3,600

Dr Bank fees expense 55

    Cr Cash 55

If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?

$166,436 + $26,500 + $3,600 - $55 = $196,481

6 0
3 years ago
In a business class where team members are arguing over content choices for a powerpoint presentation, it might help to remind e
GREYUIT [131]
<span>The example indicates that the strategy is Appeals to common goals. If you wish to obtain the cooperation of another person, it is very useful to identify some goal or objective that you share with that other person, which can be called a common goal, or a goal that you have in common.</span>
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2 years ago
Frankfurter Company, a U.S. company, had a ruble receivable from exports to Russia and a euro payable resulting from imports fro
IgorC [24]

Answer:

The correct option is C.

Explanation:

Foreign exchange gain or loss is the gain or loss made on transactions based on the movement in the exchange rates.

  • Ruble receivable from export to Russia: For Frankfurter Company to have recorded a foreign exchange loss, as at the time the transaction was consummated the exchange rate would have been higher compared to the rate of settlement. For example, if 1 ruble = $1.5 on April 1 (when the export was made), on settlement date, it moved to 1 ruble = $1.4, the company would suffer a loss of $0.1. You just need to multiply this $0.1 by the value of the exports.
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4 0
3 years ago
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