Strategic management system, Strategic Management

1. Find one research article entitled 'Using the balance scorecard as a strategic management system' attached here with. Read this article carefully and give your comments. You may want to attempt the following questions:-

(a)  How balance scorecard system is used to evaluate performance? 

(b)  Briefly summarize the main components of balance scorecard system.

(c)   What do you think are the important points authors have introduced in this article?

(d)  Critically discuss some of the points where you don't agree with the authors.

2. (a)  What is the relationship between management by exception and variance analysis? What type of variances would be most likely to suggest that a company should consider making a change in its strategy? Do you think variance analysis helps in continuous improvement? Support your arguments.

(b) 'Benchmarking against other companies enables a company to identify the lowest-cost producer. This amount should become the performance measure for next year." Critically comment on this statement. 

 

Posted Date: 2/22/2013 5:57:59 AM | Location : United States







Related Discussions:- Strategic management system, Assignment Help, Ask Question on Strategic management system, Get Answer, Expert's Help, Strategic management system Discussions

Write discussion on Strategic management system
Your posts are moderated
Related Questions
how to write an assignment on market segmentaion

Question : ‘The financial crunch has urged companies involved in tourism to reshape their business model' As a tourism business consultant and in the light of the above stat

what is describe as strength and weakness in strategic planning

a) Use appropriate tools to examine the  affects of present business plans. b) Review the position of an organization in its present market. c) Measure the competitive strengths

1. The development of the mass media has been shaped in fundamental ways by the fact that they have often been profit-driven. The commercial or capitalist context of media is evide

Prepare a paper analyzing the role of Macro Environmental Analysis and Perceived Task Environment at your workplace, or an organization of your choice. In the paper, discuss one tr

Q. Illustration of extrinsic reward? Monetary reward is an illustration of extrinsic reward and considered as the most important of all 'hygiene factors' according to Frederick

Yanni and Joanna need some investment advice. Joanna has sold $660,000 worth of WOW shares that she inherited late last financial year. She has $616,000 remaining after paying capi

During early 1981 People Express (PX) became one of the ?rst new entries into the deregulated interstate airline industry. PX's entry strategy was to offer a uniform low-price, no

After reading through the articles provided in your Assigned Reading and Research, Review one of the articles using the following format with the headings indicated in bold below: