Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create a balanced scoreboard for Walmart Financial Metrics 1 quadrant of Balanced Scorecard . You have graduated with your business degree in accounting and finance.

Create a balanced scoreboard for Walmart

image text in transcribed

image text in transcribed

Financial Metrics 1 quadrant of Balanced Scorecard

image text in transcribed

. You have graduated with your business degree in accounting and finance. You have been hired by your alma mater, FMCC as an analyst. The president knows you took ACC102 and has assigned you a special project. Your project is to develop a Balanced Scorecard to better support the organizations' vision and strategy. Using the chart on the next page add some metrics that you think would be helpful in helping the college, the BOE, and College President, keep the ship sailing in the right direction. As you have an accounting background you have been asked to explain in more detail the financial quadrant of the scorecard, see slide 3. People don't plan to fail, they simply fail to plan. Good Luck.... your career depends on it! [Text] [Text] Internal Business Financial How should we appear to our shareholders Satisfy our shareholders and customers - what processes must we excel at . Customer Learning & Growth How should we appear to our customers How will we sustain our ability to change and improve [Text] [Text] Report Objective Measures Targets Initiatives Example: Business Customers - Quarterly Report Keep track of business revenues and profitability A/R aged report Profitability per class - % of sales and S's Trend growth/decline Growth in number of customers and dollar revenues - 10% Meetings with local business organizations and advertising . You have graduated with your business degree in accounting and finance. You have been hired by your alma mater, FMCC as an analyst. The president knows you took ACC102 and has assigned you a special project. Your project is to develop a Balanced Scorecard to better support the organizations' vision and strategy. Using the chart on the next page add some metrics that you think would be helpful in helping the college, the BOE, and College President, keep the ship sailing in the right direction. As you have an accounting background you have been asked to explain in more detail the financial quadrant of the scorecard, see slide 3. People don't plan to fail, they simply fail to plan. Good Luck.... your career depends on it! [Text] [Text] Internal Business Financial How should we appear to our shareholders Satisfy our shareholders and customers - what processes must we excel at . Customer Learning & Growth How should we appear to our customers How will we sustain our ability to change and improve [Text] [Text] Report Objective Measures Targets Initiatives Example: Business Customers - Quarterly Report Keep track of business revenues and profitability A/R aged report Profitability per class - % of sales and S's Trend growth/decline Growth in number of customers and dollar revenues - 10% Meetings with local business organizations and advertising

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

Accounting For Beginners

Authors: Kokab Rahman

1st Edition

149479294X, 978-1494792947

More Books

Students also viewed these Accounting questions

Question

What has been the evolution of HRM?

Answered: 1 week ago

Question

What would you do?

Answered: 1 week ago