Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AMI is a joint venture automobile and commercial vehicle manufacturer with headquarters in Jakarta, Indonesia. The company was founded in April 2008 and is the

AMI is a joint venture automobile and commercial vehicle manufacturer with headquarters in Jakarta, Indonesia. The company was founded in April 2008 and is the successor of the previous Isuzu manufacturer, PE, founded in May 1974. The new company is jointly owned by Isuzu and the holding company AI. The majority of the products are for export to the markets of Thailand, The Philippines, and China. The human resources manager is developing a strategy; he convinced that there is a positive relationship between worker skill with consumer satisfaction. Furthermore, more satisfied consumers pay their bills more quickly. It was hypothesized that as employees became more involved and more productive, their morale would improve. Thus the strategy incorporated key objectives that would lead to increased productivity and involvement :

a. Workers skills are upgraded and the manufacturing process is redesigned, then manufacturing cycle time will be decreased

b. Decrease rework

c. Increase implementation of employee suggestions

d. Cycle time decrease then delivery reliability will improve and process costs will decrease

e. Delivery reliability improves, then consumer retention will increase

f. Customer retention increases, then market share will increase

g. Market share increases, then sales will increase

h. Sales increase and cost decrease then profits will increase

i. Profits increase, then shareholder value will increase

j. Increase revenue from new products

1. How does balance scorecard improve the performance for IAMI Company?

2. Classify the objectives by perspective, and suggest a measure for each objective

3. Strategy map that illustrates the likely causal relationship among the strategic

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management And Cost Accounting

Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan

7th Edition

1292232668, 978-1292232669

More Books

Students also viewed these Accounting questions