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Merrill Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, internal business process, and learning and
Merrill Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, internal business process, and learning and growth. (Click the icon to view the specific objectives.) (Click the icon to view KPIs and corresponding data.) Read the requirement. More info Perspective: Objective KPI Financial: Customer: Requirement Merrill Corporation Balanced Scorecard Report For Quarter Ended December 31 Goal Goal Actual Achieved? Prepare a balanced scorecard report for Merrill Corporation. For each of the specific objectives listed, place that objective under the appropriate perspective heading in the report. Select a KPI from the list of KPIs that would be appropriate to measure progress toward each objective. (There are two specific objectives for each perspective and one KPI for each of the specific objectives.) In the last column in the balanced scorecard report, select if the associated KPI goal has been achieved. (Enter in the objectives using the numbers provided in the popup. Abbreviation used: # = number.) Through its strategic management planning process, Merrill Corporation has selected two specific objectives for each of the four perspectives; these specific objectives are listed in the following table. Specific Objective 1. Increase sales of core product line. 2. Improve post-sales service. 3. Improve employee product knowledge. 4. Increase market share. 5. Improve production efficiency. 6. Increase customer retention. 7. Increase Return on Investment (ROI). 8. Improve employee job satisfaction. Print Done
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