Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dakota Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, intemal business process, and learning and

image text in transcribed

Dakota Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, intemal business process, and learning and growth. O (click the icon to view the specific objectives.) Click the icon to view KPIs and come spor ding data.) Read the requirement. Dakota Corporation Balanced Scorecard Report For Quarter Ended December 31 Perspective: Objective KPI Goal Actual Achieved? Through its strategic management planning process, Dakota Corporation has selected two specific objectives for each of the four perspectives; these specific objectives are listed in the following table. Customer: 1. Increase sales of core product line. 2. Improve production efficiency. ncrease number of employees with access to customer 3. relationship database. 4. Increase 5. Improve post-sales service. 6. Increase customer retention. Internal business process: number of customers. Learning and growth: 7. Increase Return on Investment (RoI. 8. Improve employee morale. Print Done Data Table Dakota Corporation has collected key performance indicators (KPIs) to measure progress toward achieving its specific objectives. The following table contains the KPls and corresponding data that Dakota Corporation has collected for the past quarter. KPI Kawai Achel Percentage of employees with access to customer relationship database Average repair time (number of days) Sales revenue growth-core product line Employee satisfaction survey(1-5, with 1 as most satisfied) ROI Number of repeat customers Number of units produced per hour Number of customers 78% 80% $2,150,000 $2,050,000 1.5 24% 100,000 104,000 7.3 35,000 120,000 20% t.2. Print Done

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

The Audit Committee Handbook

Authors: Louis Braiotta Jr.

4th Edition

0470226420, 978-0470226421

More Books

Students also viewed these Accounting questions

Question

c. What were you expected to do when you grew up?

Answered: 1 week ago