1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tresset [83]
3 years ago
10

The four perspectives in the balanced scorecard are

Business
1 answer:
Sindrei [870]3 years ago
4 0

Answer:

(1)Financial   =   Return on Assets

(2)Customer   =  Brand Recognition

(3)Internal process   =   Plant Capacity Utilization

(4)Learning and growth     =   Employee Work Days Missed Due to Injury

Explanation:

The balanced scorecard is a model that provides four different ways/perspectives of measuring an entities performance. In today's modern business environment businesses not only have to focus on achieving financial success but also bringing continuous improvement in business processes, creating value for customers, striving to bring positive change in the society as a whole as part of their corporate social responsibility. Therefore the businesses find themselves with a huge range of responsibilities and opportunities to shoulder and exploit.

The financial perspective is pretty simple as we measure the performance of an entity/division/business unit based on the financial ratios and figures. Return on assets is a financial representation of the return generated by the assets of the entity. The greater return on assets the better performance is implied.

Customer perspective is an important measure upon which to judge performance. Businesses exist for customers therefore customer satisfaction is at the forefront of all the objectives of a business. A disappointed customer may harm the business through negative publicity whereas a satisfied customer may conduct indirect marketing for an entities products through word of mouth. Therefore brand recognition relates to the customer perspective. A business through it's remarkable performance, high quality of product, un-matchable customer experience can build a perception so high that can increase the customer base and hence performance.

Internal processes can't be neglected as well. Internal processes refer to the main business operations which if managed effectively can improve the performance significantly, for example, by bringing changes in the workflow, huge amount of time could be saved or implementing new systems could reduce long-term costs and increase the efficiency of the work in general or full utilization of plant capacity may help reduce fixed cost per unit and hence provide us with cost reductions.

Learning and growth perspective is all about internal learning and development, training of workforce, achieving reduced employee absenteeism rate, increased range of products through continuous research and development.

You might be interested in
All of the following statements related to bonds are correct regarding bonds except: bonds typically have a $1,000 face value. b
Zina [86]

All of the following statements related to bonds are correct regarding bonds except usually pay interest annually.

<h3>What does market price mean?</h3>
  • The price at which a good or service can currently be bought or sold is known as the market price.
  • The forces of supply and demand determine the market price of a good or service; the price at which the quantity supplied and demanded are equal is the market price.

<h3>How do you find the market price?</h3>
  • Find the point where supply and demand are equal to calculate the market price.
  • Find the market price by investigating factors such as market trends, the quantity of suppliers, and the number of current customers.

<h3>What is current price and market price?</h3>
  • Market value is another name for the current price.
  • It is the last traded price for a share of stock or any other security.

Learn more about market price here:

brainly.com/question/25309906

#SPJ4

4 0
1 year ago
Read 2 more answers
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
kicyunya [14]

Answer:

<em>Net operating Income of the company 130,000</em>

Explanation:

\left[\begin{array}{cccc}-&East&West&Total\\Sales&690,000&140,000&830,000\\Variable&352,000&56,000&408,000\\Contribution&338,000&84,000&422,000\\Fixed Cost&104,000&24,000&292,000\\Income&234,000&60,000&130,000\\\end{array}\right]

We have to arrange the values, and don't forget to add the common fixed cost of 164,000 in the total fixed cost line.

Net operating Income of the company 130,000

7 0
3 years ago
McGregor allows customers to pay with credit cards. the credit card company charges 3% of the sale. when a customer uses a credi
Andru [333]
D. Credit service revenue for $206
8 0
3 years ago
Approximately how much should be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for
makkiz [27]

Answer:

B. $323,900.00

Explanation:

Nper = 300 periods

Rate = 8%/12

FV = 0    

PMT = $2500  

Amount to be Accumulated = PV(Rate,Nper,PMT,FV)

                                               = PV(8%/12,300,2500,0)

                                               = $323911.31

Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900 .

7 0
3 years ago
Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month? A La
PIT_PIT [208]
The answer is D 
because it tells u the percentage rate of how much u would be getting back 


3 0
3 years ago
Other questions:
  • Dorsey Co. has expanded its operations by purchasing a parcel of land with a building on it from Bibb Co. for $83,000. The appra
    6·1 answer
  • The ______ operator always follows the cin object, and the ______ operator follows the cout 44 object.
    11·1 answer
  • Overextended Debtor. Dennis purchased a big screen television from ABC Electronics and financed the purchase through ABC Electro
    5·1 answer
  • PLZ HELP THIS IS DUE IN A FEW HOURS!
    5·1 answer
  • The administration of one test at one time to one group and intercorrelation of odd with even items is called:
    15·1 answer
  • Consider a competitive market served by many domestic and foreign firms. the domestic demand for these firms' product is qd = 60
    10·1 answer
  • Suppose that the following group of values has been entered into the TVM solver of a graphing calculator: N-300, 1%-87, PV-11 50
    14·1 answer
  • &amp;Isquo The long coastline of India provides it a strategic location &amp;rsquo. Explan​
    9·1 answer
  • Assume that investment spending
    10·1 answer
  • g FisherCo is intending to invest in a new project. The ________ is the minimum rate of return the firm will accept on this proj
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!