Exhibit 259 identifies balanced scorecard performance measures. Review this exhibit and identify two measures from the customer
Question:
Exhibit259
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Balanced Scorecard Lens Strategies Measures 1 Improve shareholder perceptions Financial Perspective . Net income ROI CT . ROS EVA .Residual income 2. Improve credit rating-reduce risk Bond ratings Customer Perspective 1. Improve customer relations wholesalers and retailers -Wholesale -Retail .Number of returns . Customer satisfaction 2. Increase orders from profitable Market share . Customer profitability . Number quality-certified Business Process Perspective 1 Improve supplier relations Number of vendors . % of on-time deliveries 2. Improve quality of manufacturing | . % machine downtime e Velocity/cycle time processes % of orders filled * Scrap as a % of raw materials * Standard cost variances 3. Improve delivery Number of on-time deliveries Learning and Growth Perspective 1. Improve retention of employees . Turnover . Employee satisfaction 2. Improve employeep . Number and cost savings from process improvements Hours of employee training 3. Increase new product . Number of new patents development % of sales from new products
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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