Evaluate the extent to which the Balanced Scorecard:

The Balanced Scorecard has been described as an effective measurement system which enables managers of an organisation to determine if the activities occurring within a facility are, in fact, supporting the achievement of objectives, and whether these objectives move the organisation closer to the stated vision

Required:

(a) Briefly describe the framework and potential content of the Balanced Scorecard as promoted by Kaplan and Norton.

(b) Evaluate the extent to which the Balanced Scorecard is:

(i) An improvement upon exclusive reliance on financial measures

(ii) Suited to the 'information age'

(iii) A contribution to strategic management accounting

Posted Date: 2/14/2013 6:13:42 AM | Location : United States

Ask an Expert

Related Discussions:- Evaluate the extent to which the balanced scorecard, Assignment Help, Ask Question on Evaluate the extent to which the balanced scorecard, Get Answer, Expert's Help, Evaluate the extent to which the balanced scorecard Discussions

Write discussion on Evaluate the extent to which the balanced scorecard
Your posts are moderated

Write your message here..

Related Questions

Define primary advantage to a corporation of investing, What is the primary... What is the primary advantage to a corporation of investing some of its funds in working capital? By investing in working capital a firm acquires the liquidity it requirements he

What are three major sections of the statement of cash flow, What are the t... What are the three major sections of the statement of cash flows? Cash flows from financing activities Cash flows from investing activities Cash flows from Operations

Determine the formula to solve payment needed for a car loan, Which formula... Which formula would you use to solve for the payment needed for a car loan if you know the interest rate, length of the loan, and the borrowed amount?  Describe. To solve for k

Explain and compare forward vs. backward internalization, Explain and compa... Explain and compare forward vs. backward internalization. Forward internalization takes place when MNCs with intangible assets make FDI in order to use the assets on a larger sca

Cash flow statement ratios, Cash Flow Statement Ratios: This ratio, wh... Cash Flow Statement Ratios: This ratio, which is defined as a percentage, compares a company's operating cash flow to its total sales or revenues, which provide investors an i

Determine the basic requirements for a successful jit, What are the basic r... What are the basic requirements for a successful JIT inventory control system? For a JIT system to be booming the supplier must be willing and capable to deliver materials instan

Explain the savage friedman hypothesis, Question: (a) Describe the axio... Question: (a) Describe the axioms of utility. (b) An economic agent has a logarithmic utility function, U(W) = lnw and has initial wealth $20,000. She is offered the sub

Discuss how a firm can maintain adequate working capital, Question1 Analys... Question1 Analyse the financial requirements of a FMCG company Question2 If you are an investor and are interested in finding out the value of an amount of Rs 10,000 to be re

Help ASAP, If firm A has a higher debt-to-equity ratio than firm B then tha... If firm A has a higher debt-to-equity ratio than firm B then that means what

#title.equity, what is equity ? what is equity ?