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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.

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Artyom0805 [142]

Answer:

.D.complementary products

Explanation:

A complementary good is a product whose usage is dependent on the availability of another. Complementary goods are, therefore, goods that are used together.  For example, A and B will be complimentary goods if the use of A will require the use of B.

Yachts and docks are complementary products because a yacht will require a dock as the base of its operation.  Without a dock, yacht operations will be almost impossible. Bill is not making good sales on big yachts because potential customers cannot find sufficient docking space. Other examples of complementary goods are car and petrol,  printers and ink cartridges, guns and bullets, and DVD players and DVD disks.

5 0
3 years ago
Which of the following statements best explains why the red bar goes up when the blue goes up?
vesna_86 [32]

<u>Answer: </u>Higher spending than taxing results in a deficit, which contributes to more debt.

<u>Explanation:</u>

Here the red bar is referred to the debt and the blue bar is referred to the spending. When the government spending is more it decreases the government revenue and creates a deficit in the funds. When there is deficit it means the government borrows funds for spending which increases the debts.

Government spending to improve the status of the economy in the country. It Invests is various activities for growth and development purpose. Only on collecting high taxes the revenue of the government will increase. When taxes collected are low the government revenue is also low.

8 0
3 years ago
If a consumer chooses not to perceive they are reaching ________.
Yuliya22 [10]
Quality value price reach consumer goods
8 0
3 years ago
Bell Company, a manufacturer of audio systems, started its production in October 2017. For the preceding 3 years, Bell had been
LekaFEV [45]

Answer:

variable cost per unit 150 dollars

Explanation:

As we aren't provided with a volume. We calculate considering variable costying system which onyl count variable cost as cost of goods manufactured:

raw material                            $    75 per unit

labor 5 hours x 14 per hour = $    70 per unit

variable ovehread                   $     5 per unit

Variable cost per unit              $  150 per unit

the fixed overhead cost

5,110 + 3,730 + 1,550 + 6,600 + 8,760 = 25,750

will be considered cost of the period under variable costing

8 0
3 years ago
The following information is drawn from Royal Industries' cash budget: Cash Receipts $ 40,000 Beginning Cash Balance $ 10,000 Ca
Andreyy89

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
3 years ago
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