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need help in the following question Assignment Questions 1. Explain why the performance measurement system used to award bonuses up to the year 2009 does
need help in the following question
Assignment Questions 1. Explain why the performance measurement system used to award bonuses up to the year 2009 does not provide a more balanced approach? Relate your answer to the context of the firm. 2. (i) Calculate the bonus eamed by each manager of the two Divisions for each 6 -month period and for the year 2010 (Take note that the figures in pounds ( ) are presented in thousands). (ii) What conclusion can be drawn with the implementation of the new plan to award the bonus in 2010 when comparing the bonus awarded in 2009 ? 3. (i) Apart from the new plan that was introduced, design an appropriate balanced scorecard that reflects the performance of Harwood Medical Instruments PLC and would encapsulate a rather "more balanced" approach in awarding of bonuses. For each perspective provide three objectives. (ii)Describe how the BSC that you have designed be used to award the bonus. 4. Based on your BSC in requirement 3, design an appropriate Strategy map for Harwood luedical Instruments PLC. Provide a brief description of the "strategy map that you have designed. Assignment Questions 1. Explain why the pertormance measurement system used to award bonuses up to the year 2009 does not provide a more balanced approach? Relate your answer to the context of the firm. 2. (i) Calculate the bonus eamed by each manager of the two Divisions for each 6 -month period and for the year 2010 (Take note that the figures in pounds ( ) are presented in thousands). (ii) What conclusion can be drawn with the implementation of the new plan to award the bonus in 2010 when comparing the bonus awarded in 2009 ? 3. (i) Apart from the new plan that was introduced, design an appropriate balanced scorecard that reflects the performance of Harwood Medical Instruments PLC and would encapsulate a rather "more balanced" approach in awarding of bonuses. For each perspective provide three objectives. (ii)Describe how the BSC that you have designed be used to award the bonus. 4. Based on your BSC in requirement 3, design an appropriate Strategy map for Harwood Iledical Instruments PLC. Provide a brief description of the "strategy map that you have designed
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