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
sammy [17]
2 years ago
14

The purpose of using a balanced scorecard is for Multiple Choice companies to keep track of their wins and losses. companies to

get a better understanding of their balance sheet. companies to compare themselves with their competitors. companies to make sure their business activities align with strategy. companies to keep track of their assets and their debits.\
Business
1 answer:
Scrat [10]2 years ago
6 0

Answer:

companies to make sure their business activities align with strategy.

Explanation:

A balance scorecard can be defined as a performance metrics used for measuring and assessing the quality of performance of a company. The four (4) performance metrics of a balance scorecard includes the following; customer, learning and growth, internal business processes, and financial.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

Hence, the main purpose of using a balanced scorecard is for companies to make sure their business activities align with strategy.

You might be interested in
__________ represents a proactive approach to satisfying customer needs that is based on gathering data about our customers to l
Georgia [21]
Customer driven quality
4 0
3 years ago
When a celebrity receives extra compensation for winning an award, this compensation is referred to as a
kogti [31]
A paycheck for the work of course


5 0
3 years ago
Read 2 more answers
Katie is a supervisor at a fast food restaurant. Every week, she submits a progress report to Molly, the restaurant manager, to
GarryVolchara [31]

Answer: Upward communication

Explanation:

Upward communication can be defined as the communication process that occurs from the lower levels to higher levels. In other words, communication flows upwards. Communication is a fundamental aspect of every workplace since it allows us to express everything that is happening at work. When communication occurs effectively, work can be done better and thus give better results. When there is communication, it is also easier to identify possible problems that may arise.

Staying in constant communication helps to make the work environment more comfortable for both, it is important to be able to express everything related to work and receive feedback that only has the intention that everything can go better.

7 0
3 years ago
An appraiser valued a subsidiary of Signal Co. at between $230 million and $260 million. One month later, Burmah Oil offered to
Goshia [24]

Answer:

No, because they violated the duty of care

Explanation:

Business judgement rule is a provision that protects the management of a business from frivolous legal action concerning the way it does business.

The court assumes that the management acts in good faith in its fiduciary role, standard of loyalty, prudence, and care.

Duty of care is breached when the management do not make reasonable effort to prevent injury or loss.

In this instance Signal board is not protected by the business judgement rule because they violated duty of care.

Although the offer by Burmah oil is above the valuation a month ago, the board did not bother to do a present valuation or find out if other companies want to buy the subsidiary at a higher price.

8 0
3 years ago
Do you have to make payments on federal student loans while you’re in school?
fiasKO [112]
Not till ur out I think

7 0
3 years ago
Other questions:
  • The founder of ABC​ Corp., who had only an​ eighth-grade education, built his company into a multinational success. He often tal
    5·1 answer
  • If you have a business and you are spending more money then your making how do you turn it around
    5·1 answer
  • What are the 5 specific forces that are acting as stimulant for changes with relevant examples
    10·1 answer
  • Lumina Inc. had 4,900 employees at the beginning of 2014. During the first half of the year, the company had no attrition. The c
    15·1 answer
  • Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
    7·1 answer
  • Which type of risk is most significant for bonds?
    15·1 answer
  • Which of the following is false regarding net realizable value (NRV)?
    8·1 answer
  • The driver of any vehicle about to enter a freeway or highway must yield the __________ to all traffic.
    6·1 answer
  • Gruman Company purchased a machine for $198,000 on January 2, 2016. It made the following estimates:
    5·1 answer
  • Suppose a coalition of students from Lincoln High School succeeds in persuading the local government to impose a price ceiling o
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!