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Balanced Scorecard Mary's Hamburger barn whose annual sales are around 5 millions, is looking to develop a balanced Scorecard for 2022. The company's startegy is
Balanced Scorecard Mary's Hamburger barn whose annual sales are around 5 millions, is looking to develop a balanced Scorecard for 2022. The company's startegy is a low-cost leadership startegy focusing on reducing costs, while maintaining high quality and reducing scrap. Satistics show that comppanies invest about 1 to 3% of their sales in innovation. Intructions Identify the weaknesses of the BSC thats Mary's Hamburger Barn might use to help track it's performance. Complete all the boxes. write the letter W for an item that needs to be reviewed (weakness) write A for an adegaute item there is a maximum of one weakness per line. Therefore, there may be no weakness or only one weakness that is either in the objective, the indicator or the target. Perspective Objective Measure Target Financial Improve per-burger contribution margins Cost of food preparation facility Decrease of 2% of after yearly lease renegotiation variable costs Profitability by product 30% Gross margin Sales growth in new activities Customer Achieve brand recognition in Market share in appropriate high-end gourmet restaurant segment segment Increase of 10% year- over-year 85% or above Customer satisfaction survey Customers responding "satisfied or better on customer satisfaction survey Increase of 2% Internal Process Reduce wastage of ingredients (raw materials) Volume of wasted ingredients relative to total volume of ingredients utilized Improve efficiency of burger preparation process Number of burgers made per labour hour Increase of 5% year-over- year Learning and Growth Invest in an ERP (enterprise Number of employees with a 2% of sales resource planning) system high school diploma 5 to reduce waste Balanced Scorecard Mary's Hamburger barn whose annual sales are around 5 millions, is looking to develop a balanced Scorecard for 2022. The company's startegy is a low-cost leadership startegy focusing on reducing costs, while maintaining high quality and reducing scrap. Satistics show that comppanies invest about 1 to 3% of their sales in innovation. Intructions Identify the weaknesses of the BSC thats Mary's Hamburger Barn might use to help track it's performance. Complete all the boxes. write the letter W for an item that needs to be reviewed (weakness) write A for an adegaute item there is a maximum of one weakness per line. Therefore, there may be no weakness or only one weakness that is either in the objective, the indicator or the target. Perspective Objective Measure Target Financial Improve per-burger contribution margins Cost of food preparation facility Decrease of 2% of after yearly lease renegotiation variable costs Profitability by product 30% Gross margin Sales growth in new activities Customer Achieve brand recognition in Market share in appropriate high-end gourmet restaurant segment segment Increase of 10% year- over-year 85% or above Customer satisfaction survey Customers responding "satisfied or better on customer satisfaction survey Increase of 2% Internal Process Reduce wastage of ingredients (raw materials) Volume of wasted ingredients relative to total volume of ingredients utilized Improve efficiency of burger preparation process Number of burgers made per labour hour Increase of 5% year-over- year Learning and Growth Invest in an ERP (enterprise Number of employees with a 2% of sales resource planning) system high school diploma 5 to reduce waste
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