Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for the customer perspective of Duke's balanced scorecard. Which of

AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for the customer perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation?

a. materials price variance

b.return on investment

c. number of repeat customers

d. operating throughout

Juanita and Carl are implementing a balanced scorecard for their company, DoItRight Manufacturing. They are considering various performance metrics for assessing progress toward strategic objectives. Which of the following would be a good choice of performance metric for the strategic objective listed?

a. The strategic objective of delighting the customer is measured by the number of repeat customers.

b. The strategic objective of delighting the customer is measured by the average employee tenure.

c. The strategic objective of increasing profits is measured by the number of hours provided for employee training.

d. The strategic objective of increasing profits is measured by the customer satisfaction rating.

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

Income Tax Planning

Authors: Thomas P. Langdon, E. Vance Grange, Michael A. Dalton

5th Edition

1936602075, 978-1936602070

More Books

Students also viewed these Accounting questions

Question

=+7. Are shareholders in a firm investors or gamblers?

Answered: 1 week ago