Business High School

The balanced scorecard was developed to help companies avoid the counterproductive decisions that emerged from too much emphasis on ______________ and ______________ measures.

Answers

Answer 1

The balanced scorecard was created to address unproductive decisions that resulted from short-term and financially oriented measures.

What is a balanced scorecard?

A balanced scorecard can be defined as the strategic management performance indicator utilized to discover and enhance various internal business operations and the external consequences that flow from them.

Organizations make use of a balance scorecard to measure and offer feedback in business operations.

Therefore, we can conclude that the balanced scorecard was developed to help companies avoid the counterproductive decisions that emerged from too much emphasis on short-term and financially orientated measures.

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Related Questions

What is Financing Decision??​

Answers

Financial decisions are decisions made by management about a company's finances. These decisions might pertain to asset purchase, finance and fund raising, day-to-day capital and spending management, and so on. Financial decisions therefore affect both the assets and liabilities of a company.

Financial decisions are the decisions that managers take with regard to the finances of a company. ... These decisions can be in terms of acquisition of assets, financing and raising funds, day-to-day capital and expenditure management, etc. Financial decisions therefore affect both the assets and liabilities of a company.

Estimated total manufacturing overhead costs $750,000
Actual total manufacturing overhead costs $ 765,000
Estimated machine hours 200,000 hours
Actual machine hours 198,000 hours
1. Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs.
a. $3.79.
b. $1.02.
c. $3.75.
d. $3.86.
2. Amilmar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate cost driver to allocate overhead costs. What will be the total overhead costs applied during the year?
a. $750,000.
b. $765,000.
c. $742,500.
d. $772,727.

Answers

The predetermined overhead rate and Applied over costs are $3.75 per machine hour and $742,500

What is predetermined overhead rate?

A predetermined overhead rate is an allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects.

Predetermined overhead rate

= estimated total manufacturing overhead costs / estimated machine hours

= 750,000 / 200000

= $3.75 per machine hour

Applied overhead costs

= Actual machine hours * predetermined overhead rate

= 198,000 * 3.75

= $742,500

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Top managers creating a mission statement and functional employees determining the content of a script for a sales call are both examples of how organizational strategies vary by _______________.

a. objective target
b. market
c. product level

Answers

Answer:

c. product level

Explanation:

An application, a course guidebook, and a counselor’s phone number are all a. Expert resources c. Material resources b. Support resources d. Leader resources.

Answers

A material resources entails the itrems that includes an application, a course guidebook, and counselor’s phone number.

What is a material resources?

A material resources refers to some tangible items that are use to achieve its an objectives and targets.

Hence, the material resources entails the items that includes an application, a course guidebook, and counselor’s phone number.

Therefore, the Option C is correct.

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