Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 40 Jordan university is a Scottish university which relies on government tunding tor the major pan of its income. It IS a registered

image text in transcribed

image text in transcribed

Question 40 Jordan university is a Scottish university which relies on government tunding tor the major pan of its income. It IS a registered charity. The university is keen to attract overseas students as they pay fees directly to the university and it is also keen to enhance its commercialisation activities in the torm of continued professional development (CPD) for employees ot local businesses The univers ty's management team recently employed a performance measurement analyst who advised them that, with increasing competition In the sector, they should consider introducing the Balanced Scorecard to ensure that they were meeting their strategic goals at every level of the organisation.' Jordan university's management team agreed that their objectives could be summarised in the tour perspectives ot the Balanced Scorecard as follows: Financial Perspective: Perspective: Maximise revenue from non-government sources Maximise efficiency Internal Perspective: Improve efficiency jn Admissions process Improve environmental performance Required:e Customer Increase stakeholder engagementv Increase student satisfaction Learning & Growth:e Enhance research outputv Enhance shanng of good practicev a) Identity a performance measure tor one objective in each of the tour perspectives (4 marks)' b) Explain why the performance measures identitied tor pan a) are appropriate tor Jordan University (8 marks)' c) Discuss the nature of "cause and effect" as it relates to the Balanced Scorecard (4 marks)' d) Discuss the difficulties tor Jordan University in using a measure such as student satisfaction to measure the objective of "increase student satisfaction". (4 marks)v Total 20 marksv

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_2

Step: 3

blur-text-image_3

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

Managerial Accounting

Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta

7th edition

1260482936, 978-1260482935

More Books

Students also viewed these Accounting questions

Question

Discuss the different types of mutual funds.

Answered: 1 week ago

Question

A greater tendency to create winwin situations.

Answered: 1 week ago

Question

Improving creative problem-solving ability.

Answered: 1 week ago