why is it important for management to use a balanced scorecard?

Answers

Answer 1

The management of a firm uses the balanced scorecard for a lot of reasons.  Management  is advised to use a Balanced Scorecard as it helps to;

Develop organizational performance by measuring what is essential. It boast focus on strategy and results. It help to merge organization strategy with workers on a day-to-day basis. It is based on the drivers key to future performance.

A balanced scorecard is simply known to be a type of  strategic management performance metric that helps firms to known and improve their internal operations.

It also point out the design of performance reports and dashboards by making sure that management reporting is based on the most vital strategic issues.

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Related Questions

A company’s value is also known as their what?

Answers

Answer:

Enterprise Value.

Explanation:

Also known as the AV, the enterprise value is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. The market capitalization of a company is simply its share price multiplied by the number of shares a company has outstanding.

I sent a survey to severalpersonnel departments to determine how many companies use online job resources

Answers

How did it go?????????

Where do u record sundry expenses in a purchase ledger

Answers

Answer:

Sundry expenses are shown on the expenses side (left) of a profit and loss account (Income statement).

Explanation:

Answer:

Sundry expenses are shown on the expenses side (left) of a profit and loss account.

if financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?

Answers

Answer:

the  lungs or the brain

Explanation:

In order to anticipate demand, advertising and promotions must be coordinated with the departments that control inventory. store managers. human resource departments. fulfillment centers. customers.

Answers

Answer:

Tayo ang para sa isat isa....di ba sinta tayo dalawa lang noon para sa isat isa ...bat di sumangayon sa ating ang panahon,

Explanation:

chorus:

siguro ngay wala ng natira sa alam....

In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $1,500 (airfare), $200 per day (meals at local restaurants), and $400 per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following expenses.

Answers

Based on the information given Kortney's deductions are:

a. Airfare $1,050

b. Meals $700  

c. Lodging $2,000

Kortney's deductions

a. Airfare deduction

Total number of Business day=5days+2days

Total number of Business day=7 days

Airflare= $1,500×7days/10days

Airfare=$1,050

b. Meals deduction

Meals=($200×7 days)×50%

Meals=$700

 

c. Lodging deduction

Lodging=$400×5 days

Lodging=$2,000

Inconclusion Kortney's deductions are:  Airfare $1,050 ; Meals $700 ; Lodging $2,000.

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The payroll taxes the employer is responsible for​ are:
A.
FICA-Medicare.
B.
FICA-OASDI.
C.
State income taxes.
D.
A and B.

Answers

The employer is responsible for the following payroll taxes in Option D.  A and B.

The FICA-Medicare is a compulsory contribution just like the Social Security (or OASDI) that employers are expected to contribute some percentages and withhold stated percentages from the salaries of their employees.

Thus, the employer is not responsible for Federal and State taxes, but D. A and B.  Employers can only withhold and remit the Federal and State taxes as required by law.

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an employer requires a college degree to work in any position in the company. what part of title vii could apply?

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Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.

The part of Title VII that could apply is Disparate treatment.

Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.

The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.

It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.

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Eva currently owes $21,000 on a student loan and two credit cards. The total
amount owed is considered
O A. debt
B. credit
C. interest
D. collateral

Answers

A. debt.
Hope it helps!

Answer: a dept

Explanation:

When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, ideas, and more among themselves, it has developed what is called a __________. Multiple choice question.

Answers

Answer:

web comunity

Explanation:

Although marketing strategy requires a good marketing mix, on which element of the mix is the Microsoft case focused?

Answers

Based on marketing strategy analysis, the excellent marketing mix that the Microsoft case focused on is Price.

This is because it has been observed that Microsoft generally sets the price of their products based on the cost of their competitors and the demand of the consumer.

This was evident when Microsoft set the price of their Windows OS at a premium rate due to its increased demands.

The other elements of marketing mix aside from Price include the following:

ProductPlacePromotion

Hence, in this case, it is concluded that the correct answer is "Price."

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Lower price for substitute products/services will
A. Increase Demand
B. Supply/Demand Equilibrium
C. Decrease Demand

Answers

I’m pretty sure the answer is A

Question 4 of 4
What method of accessing a scaffold is unsafe and should never be used?
Using a ladder
Climbing a stair tower
Using a ramp
Climbing on cross braces
Mute
Forward
> CareerSafe

Answers

A method of accessing a scaffold that is unsafe and should never be used is Climbing on cross braces.

Climbing the structural braces of a scaffold has been ruled as unsafe and therefore it is highly forbidden. OSHA regulatory standards doess not permit this.

But it gives the permission to gain direct access through a different scaffold or a different structure.

Portable ladders, hook-on ladders, attachable ladders and ramps may also be used if non of these are available.

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Question Mode Multiple Choice Question A corporation is created by obtaining a charter from: Multiple choice question. an attorney the federal government initial stockholders the state government

Answers

In general, when a corporation is to be created, it gets its charter from the state government.

Corporations:

Get their charter from a state government Are bound by the laws of the state in which they are registered

The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.

Corporations would therefore usually look for states with more lenient laws.

In conclusion, corporate charters come from the state government.

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You've just landed a new job as the chief marketing officer for John Deere, manufacturer of agricultural, construction, and gardening equipment. You want to make sure you're using the best distribution channel strategy for reaching both B2B and B2C sales. In evaluating your company's needs, what do you decide is the best approach

Answers

You are more likely to sell larger quantities of products to a B2B client

Suppose that a firm in a competitive market is currently maximizing profit at an output of 50 units. If the current price is $9, the marginal cost of the 50th unit is $9,and the average total cost of producing 50 units is $4, what is the firm's profit

Answers

Answer:

437

Explanation:

50 x 9 = 450-13=437

Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities. A. Longer; greater B. Longer; lower C. Shorter; lower

Answers

The answer is *B* Longer,Lower.

The ________ value of a bond, also called the face amount or face value, is paid at a stated future date, known as the bond's maturity date. Multiple choice question. fair market value par selling price net realizable value

Answers

The Par Value of a bond also called face amount or face value.

Par Value can also be called Nominal value is the  financial instrument  value be it  bond or stock of a corporate certificate at the time of issue.

Par value is also the lowest price per share for shares to be issued for full payout .Typically, most par value are set at $0.001 per shar or lower to reduce the amount paid to founders. It is calculated as Par value of preferred stock = (Number of issued shares) x (Par value per share)

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Private and public sector organizations that must follow HIPAA provisions are called ____________________.

Answers

Answer:

covered entities

Explanation:

Which factor of production is a wrench:
a.Human capital
b.land
c.labor
d. Physical capital

Answers

Answer:

C?

Explanation:

Answer:

I think C.

Explanation:I think C because of the labor.

why is it useful to have your bank account and routing numbers when using tax preparation software?

Answers

It is useful to have one's bank routing number and account number because it may or may not be required when filing tax return or preparing tax payment.

The tax preparation software are software which allows the preparation of tax payment and to e-file tax returns.

The bank account and routing numbers are part of the compOnent of the Tax forms during preparation and filing for tax return.

Therefore, it is useful to have one's bank routing number and account number because it may or may not be required when filing tax return or preparing tax payment.

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If a firm produced a standard item with relatively stable demand, what alpha value would you expect them to use

Answers

I think 10% would be reasonable

westover ridge offers a 9 percent coupon bond with semiannual payments and a yield to maturity of 11.68 percent. the bonds mature in 16 years. what is the market price per bond if the face value is $1,000?

Answers

$807.86 is the answer

The Current Market Price of Bond is $807.86.

How to compute Current Market Price of Bond?

The present market value of Bond can be ascertained by using following Formula:

V = 2n∑t=1 [(I/2) / {(1+kd /2)t }] + [F / (1+kd /2)2n]

   = I/2 (PVIFA kd/2, 2n) + F (PVIF kd/2, 2n)

Where,

V = Value of the bond = to be ascertained.

I/2 = Semi-annual interest payment - 9% / 2 * $1000 - $45

Kd /2 = Discount rate applicable to a half-year period (YTM) – 11.68%/2 - 5.84%

F = Par value of the bond repayable at maturity - $1000

2n = Maturity period expressed in terms of half-yearly periods. 16*2 – 32 times

Current Market Price (CMP) of Bond and the yield to maturity has inverse relation i.e. if the YTM is more than coupon rate then the price of bond is less than its face value. This can be easily understand by graph attached. It help investor to take wise investment decision in bond market.

Therefore, if YTM is 11.68% and Coupon rate is 9.00 % semi-annually than the CMP would be $807.86 i.e. less than its FV 1000$.

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Paid-in capital in excess of stated value would appear under the category additional paid-in capital on a(n)

Answers

Answer:

balance sheet

Explanation:

Paid-in capital in excess of stated value would appear under the category of additional paid-in capital?

The correct answer is The Balance sheet.

What is on a balance sheet?

A balance sheet is a financial statement that shows a company's assets, liabilities, and capital. The balance sheet is one of the three main financial statements used to evaluate a company. It provides a snapshot of the company's finances (owned and borrowed) as of the issue date.

The balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to the income statement and cash flow statement, the balance sheet helps business owners assess the financial position of the company.

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A listing of all possible returns on an investment, with a chance of occurrence assigned to each return is known as _____.

Answers

Answer: Probability Distribution

Grace wishes to buy a corporate bond with a par value of $1,000 from SFT Legal. If Grace’s broker charges her a commission of 4% of the market value of each bond, and SFT Legal has a market rate of 103. 563, how much commission does Grace owe her broker? a. $107. 56 b. $41. 43 c. $40. 00 d. $44. 14.

Answers

Answer:

Answer is b

Explanation:

4×100=400

since it is in percentage

400×103.563=41.43

In an insurance contract, the insurer is the only party who makes a legally enforceable promise. What kind of contract is this

Answers

Answer:

Unilateral Contract

Explanation:

Describe the fruit storage process? OBTE​

Answers

[tex] \: \: \: \: \: \: [/tex]

cold storage, using refrigerated air. Other techniques include controlled-atmosphere (CA) storage and hypobaric storage.

hope it helps

[tex] \: \: \: \: \: \: [/tex]

what factors determine the elasticity of resource demand?

Answers

Answer:

the rate of decline of mp

Q, whose birthday is April 1, completed a nonmedical application for life insurance on June 1. In Wisconsin, what is the earliest effective date that the policy could have

Answers

Answer:

nbhjsfhbshnvnk

Explanation:

I believe the answer is June 2
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Determine the kinetic energy of a 1500 kg roller coaster car that is moving with a speed of 35.0 m/s. Which of the following events contributed to the start of the modern era The spread of people,ideas,technology and products among places abigail description the cruicible My ears have not yet drunk a hundred wordsOf that tongue's utterance, yet I know the sound:Art thou not Romeo and a Montague?What type of figurative language is this? what is 7/91/3 plz help thanks Pls help me! thanks in advance Can anyone help me? asap if possible Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan answer please answer please HELP PLZWILL MARK BRAINLIST!!(EARTH SCIENCE)1. Which of the following factors made the land a place where the first land plants could thrive? Select the two correct answers.(1 point)A) abundant sunlight for photosynthesisB) evolution of animalsC) low levels of oxygen in the atmosphere D) new, nutrient-rich soil made of cyanobacteria and deteriorating rock2. Select the 2 correct statements that describe cyanobacteria.(1 point)A) Cyanobacteria were the first photosynthesizing organismsB) Cyanobacteria decreased the levels of oxygen in the atmosphereC) Cyanobacteria have complex cells containing a nucleusD) Cyanobacteria lived in the ocean3. Select the correct answer from the list.(1 point)Increased levels of oxygen in the atmosphere due to photosynthesis caused rates of weathering to ((remain constant, decrease, increase)) which aided in the formation of ((soil, roots, chloroplasts)) please help! i dont understand! Please help me with this math problem!! :) Use a protractor to measure theangle. Then identify it as eitheracute, right, obtuse, or straight.NameSize What function or process is common to all living things? How do the senses used in the excerpt from "Digging" and the haiku affect a reader's understanding and interpretation of each? The excerpt from "Digging" relies much more heavily on images of nature to convey its main idea than the haiku does. The excerpt from "Digging" uses lines of equal length throughout, while the lines of the haiku are of varying lengths. The excerpt from "Digging" discusses the relationship between writing and farming, while the haiku only discusses nature. The excerpt from "Digging" focuses on sound devices to reveal its story, while the haiku focuses on visual imagery. What is the slope-intercept form 10x-7y=-8 I will mark brainliest to the correct answer. Which two metals shown won't make a solid when combined with anything? 2.2.2 What factors do you think result in the relationship between neighborhood demographics and the cost of an overdraft fee? Explain your reasoning