Compare and contrast roi vs balanced scorecard for dirt bike

Assignment Help Project Management
Reference no: EM131040466 , Length:

Dirt Bikes' management would like to analyze the return on its investment in its employee training and skills tracking system described in Chapter 13.

The system runs on the human resources specialists' PCs using PC database software. Because the entire corporate administrative staff recently received new desktop PC systems with database and other productivity software, there are no additional hardware and software purchase costs.

The main costs include the initial cost of designing and implementing the database (business staff cost of $5,000, information systems staff cost of $15,000), gathering and adding employee skills and training data to the database ($5,500 initial data conversion cost plus $1,000 annual data entry costs), and ongoing maintenance and support ($3,000 annually). Human resources staff members believe the new application could save each of them two hours of work per week. (Their annual salaries are $37,000 and $42,000 each.)

The company would also save about $11,000 annually in employee recruiting costs because it would be able to fill many vacant positions with existing employees, thereby reducing its costs for recruiting outside the company.

The system would not be installed until the end of 2014 and would return benefits from 2015 to 2019. In a 1-2 page paper, compare and contrast ROI vs. Balanced Scorecard for Dirt Bikes, USA.

Verified Expert

This is a 600 words assignment which is written in Microsoft word. The work highlights the case study of Dirt Bikes who manufactures and sells customized motor bikes. The work provides a comparison between the ROI and balanced score card.

Reference no: EM131040466

Questions Cloud

What do you understand by thread-safety : What do you understand by thread-safety? Why is it required? And finally, how to achieve thread-safety in Java Applications?
Calculate the income tax payable by the taxpayer : Required: Determine the taxpayer's taxable income for 2015/16; and Calculate the income tax payable by the taxpayer for 2015/16 year of income
Product-place-promotion and price : The term marketing mix refers to a unique blend of product, distribution, promotion, and pricing strategies designed to produce mutually satisfying exchanges with a target market. You may have heard this described as the 4 P’s of marketing (product, ..
Selecting and hiring new salespeople for your organization : Detail the steps that should be undertaken in finding, selecting and hiring new salespeople for your organization. When should this process in this order of events be undertaken?
Compare and contrast roi vs balanced scorecard for dirt bike : The system would not be installed until the end of 2014 and would return benefits from 2015 to 2019. In a 1-2 page paper, compare and contrast ROI vs. Balanced Scorecard for Dirt Bikes, USA.
Explain why an ethics program for a sales force : Discuss the components of an effective sales ethics program and how a sales manager would go about creating one. Explain why an ethics program for a sales force might be more important than for other departments.
Find the missing information from the following : Find the missing information from the following:Group-I Group-II Group-II CombinedNumber 50 ? 90 200Mean 113 ? 115 116Std.deviation6 7 ? 7.746Workout
Security risk mitigation plan assignment : Provide mitigation plans for each threat listed in the list of 11 below by completing the following: Explain the plan to prevent the threat from happening. Briefly explain the plan if the threat does happen.
Difficult to differentiate within an organization : What is the difference between business rules and business processes? What impact does one have on the other? What can be done if they are difficult to differentiate within an organization? (For example, what should you do if someone says “we’ve alwa..

Reviews

Write a Review

Project Management Questions & Answers

  Importance of project termination planning

What is the importance of project termination planning?

  Questionthe solar mobile project looking back solar mobile

questionthe solar mobile project looking back solar mobile mobiles that works using light like solar calculators

  Project management solutiona project has a specific time

project management solutiona project has a specific time frame or finite life span. it has a start time and a date by

  What is the variance at completion for this project

What is the variance at completion for this project - Linda is a project manager for a large insurance company.

  Explain strategies that could be used by a project manager

Project Management - Organizational Culture and Human Behavioral Influences - Explain some strategies that could be used by a project manager

  How do managers generally describe organizational authority

What five methods have traditionally been used to departmentalize work and workers? Give one advantage and one disadvantage of each. How do managers generally describe organizational authority?

  What controlling measures should be taken during the

what controlling measures should be taken during the planning phase. then provide a generic method for creating a

  Problem based on project management risk assessment

Why do you feel that the contract type selected was incorrect and what kind of abuses did you identify?

  Good project management can aid with project failure

Very interesting article is present at CIO.com. Title of this article is "Why Project and Portfolio Management Matter More at Recession Time". Do you believe good project management can help with project failure?

  During both months the shop employed six full-time

Larry's Auto Body Repair Shop had revenues that averaged $60,000 per week in April and $50,000 per week in May. During both months, the shop employed six full-time (40 hours/week) workers.

  The understanding of the role of large organizations in mode

The analysis of how organizations select managers, how managers act, and how organizations are structured in different units. The understanding of the role of large organizations in modern society.

  Engine or one of the tax directory sites

The purpose of this assignment is to practice searching the Internet to locate tax materials. Using a search engine or one of the tax directory sites provided in Exhibit 16-6 (Chapter 16), find the U.S. Supreme Court decision that established the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd