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Genrish500 [490]
4 years ago
10

Read the article "Organizational Characteristics and Use of Balanced Scorecard Measures in Executive Compensation" by Pollanen a

nd Kangwu Xi.
Based on your reading, write a brief one-page summary describing the use and importance of the balanced scorecard in executive compensation plans.
Business
1 answer:
Gnoma [55]4 years ago
8 0

Answer:

Consider the following explanation

Explanation:

Executive compensation depends on the overall performance of the company sequentially. It depends on various factors which determine the success of the organization. There has being a tool where the overall performance of the company and its overall standpoint is mentioned explaining in detail the occurrence of various events. Balanced score card is nothing but a report card explaining performance. Executive compensation attracts a clause of payment of a certain percentage only after achieving certain specific performance targets. Balanced score cards includes following things

Learning and growth perspective: it includes what the employees learn from the system, their training which is an essential aspect to increase their productivity.

Business perspective: determines how business are performing with regards market capitalization or client conversion ratios, also concerns about the region the business is growing into.

customer perspective: what customer wants, and what is being delivered to him, it helps company to close the gap to increase quality of delivery

Financial perspective: explains ratios, profits, losses, analysis regarding the financial position of the company.

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What happens to the price of these needed goods if production declines and there are fewer goods to go around?
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the price increases

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3 years ago
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Answer:

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The percentage change in the cost of purchased oil products nine months to September 30, 2013 when compared to nine months in 2012 was:

2.47%

Explanation:

a) Data and Calculations:

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b) The implication is that Chevron's cost of purchased oil products in third quarter of 2013 increased by 2.47% when compared with the same period in 2012.  This percentage change is calculated by subtracting the Q3 2012 cost of purchased oil products from the Q3 2013 cost of purchased oil products and then dividing the difference by the Q3 2012, and multiplying by 100.  The change could be caused by increases in the price of oil products or other variables.

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company is the answer



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