Find an article about a specific company
Course:- Managerial Accounting
Reference No.:- EM13161099

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Managerial Accounting

If you are not currently employed, find an article about a specific company using a balanced scorecard. Cite the URL and summarize the article, including citing some specific measures and objectives as well as benefits or problems to date. Discuss the advantages and disadvantages of the presented information.


Verified Expert

Preview Container content

Balanced score card is a strategic management tool. It works as a bridge between Company’s vision and mission and strategy to achieve the same. It was first presented in 1992 by Kaplan and Norton. In earlier period balanced score card was seen as a tool of performance measurement. But now it’s a highly recognised tool for strategic planning and management.

Summary of article of Shat-R-Shield on balanced score card:

(Reference: http://balancedscorecard.org/Portals/0/PDF/Shat-R-Shield_Case_Study.pdf)

Company is around 44 year old company and is engaged in the manufacturing of plastic coated shatter resistant lamps food, processing & packaging industries. Few years back Company CEO has implemented some strategic management tool and determined the targets. It was found useful and it’s achieved the operational improvements. In the next step Company has decided to implement the Balanced score card so as to establish the better connection between strategy and performance measurement.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Managerial Accounting) Materials
Calculate the annual ordering costs, the annual carrying costs and their sum for purchase-order quantities of 300, 500, 600, 700 and 900, using the formulae described in t
Define the elements that might be presented in a balanced scorecard and explain how it is used - Make a recommendation of whether or not EEC should adopt the balanced scorecar
ACC518 - Current Developments in Accounting Thought - Additional Assignment Explains the decision made by the regulators in terms of public interest theory - Explain the decis
Create journal entries for each transaction. Using the journal entries as a guide, show whether every transaction would be handled as revenue or an expense using both the ca
ACC200 Introduction to Management Accounting Group Assignment - Task Specification. Preparation of a Schedule of Cost of Goods Manufactured and Cost of Goods Sold. (The sched
Pick a product you are familiar with or interested in. What product liability issues arise for that product? What measures can management take to prevent these product liabi
Phonetronix is the small manufacturer of telephone and communications devices. Recently, company management decided to investigate the profitability of cellular phone produc
A company has inventory days of 75, accounts receivable days of 30, and accounts payable days of 90. What is the cash conversion cycle?