Answer:
<em>The correct answer is:</em> incorporates financial and nonfinancial measures in an integrated system.
Explanation:
The balanced scorecard can be defined as an approach to measuring and managing an organization's performance.
Because it is a flexible method, it can be adapted to different companies and situations.
The method uses financial and non-financial measures in an integrated system so that managers can monitor and control by means of indicators whether the planning outlined for the company is actually being effective for the achievement of objectives and goals. In the balanced scorecad, the indicators are analyzed from 4 perspectives: <u>Financial, Customer, Internal Processes and Learning and Growth.
</u>
This method assists in a more active management, aimed at a greater vision of business systems and the possibility of managing strategic actions so that the company remains competitive and innovative in the long run.
Answer and Explanation:
The computation is shown below:
a. The new customer retention rate is
(a) the day above 3 days from order to delivery
= 3.5 - 3
= 0.5 days
And,
The reduction in customer retention rate is
= 0.5 × 1%
= 0.5%
errors above three per month is
= 6 - 3
= 3
The reduction in customer retention rate is
= 3 × 1.5%
= 4.5%
So, the new customer retention rate is
= 60% - 0.5% - 4.5%
= 55%
(b) The total reduction in customer retention rate is
= 0.5 + 4.5
= 5.0%
The reduction in market share is
= 5% × 0.5
= 2.5%
Now
New market share is
= 21.4% - 2.5%
= 18.9%
Connie's next step should be
Not - go back and revisit her plan objectives
Maybe - Conduct primary research and analyze Fred's current customers.
<h3><u>
Explanation:</u></h3>
It is very essential for an entrepreneur who decides to start a new business to have a business plan that helps him in setting up the businesses in the right track and usage of funds in an effective manner. A business plan acts as a blue print of a new business and the objectives and resource utilization.
In the scenario give, Fred decides to start a new boutique and has conducted researches geographic locations and the type of boutiques supported by the demography. She must not then go back and review her plan objectives as she has decided to start it with a good plan and she may conduct a primary research about the current customers of him.
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
</span><span>
<span><span>
<span>
Right to Safety</span>
</span>
<span>
<span>
Responsibility of Right to Safety</span>
</span>
<span>
<span>
Right to Be Informed</span>
</span>
<span>
<span>
Responsibility of Right to Be Informed</span>
</span>
<span>
<span>
Right to Choose</span>
</span>
<span>
<span>
Responsibility of Right to Choose</span>
</span>
<span>
<span>
Right to Be Heard</span>
</span>
<span>
<span>
Responsibility of Right to Be Heard</span>
</span>
<span>
<span>
Right to Redress</span>
</span>
<span>
<span>
Responsibility of Right to Redress</span>
</span>
<span>
<span>
Right to Consumer Education</span>
</span>
<span>
<span>
Responsibility of Right to Consumer
Education</span>
</span>
<span>
<span>
Right to Healthy Environment</span>
</span>
<span>
<span>
Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer:
The revenue that the investment in the company would increase by $100,000.
Explanation:
Though the International Accounting Standard IAS 2 Inventories says that the inventory must be recorded at lower of:
- Cost
- Net Realizable Value (Fair Value less Cost to Sell)
This means though the Net realizable value increases but the cost remains the lower. This means their must not be any changes made to inventory account.
The profit earned from the increase in inventory value will be reflected in the income which will increase the net worth of the investment. So the increase in investment revenue would be by $100,000.
