A sign of the successful implementation of a balanced scorecard is the presence of cause-and effect relationships.
Question:
A sign of the successful implementation of a balanced scorecard is the presence of cause-and effect relationships. An example of this success for a hotel is meeting the target of:
a. Decreasing a customer’s check-in time, which causes an increase in the number of implemented employee suggestions.
b. Increasing employee training hours, which causes employee compensation to increase.
c. Increasing profit, which causes an increase in employee job satisfaction ratings.
d. Receiving more 5-star ratings from customers, which causes an increase in profit.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Forensic And Investigative Accounting
ISBN: 9780808056300
10th Edition
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
Question Posted: