Evaluate the cumulative balanced scorecard results

Assignment Help Managerial Accounting
Reference no: EM13329446

Use as many examples as you can to show the logic which underpinned your decisions. Be sure you analyze, discuss and detail to explain both the “Why” and the “How”.  Data should be used to back up your statements wherever necessary, e.g. market share, fixed capacity, balanced scorecard, sales compensation, financial statements etc.  Points will be deducted if you don’t substantiate your assertions with data. 

Discuss your total experience, responding to the following questions:

1. Detail and discuss all the challenges you faced in projecting demand: meeting customer needs and wants, pricing, competitive actions and competitive response.  How did your decisions impact your end performance (market share, income statement)? 

2. Looking back, discuss the many opportunities that were there (looking at your competitors), which you did not make use of and could have used to your benefit.  Identify at least 4 missed opportunities. 

3. Did you do better, equal to or worse than your competitors (Value Comp, Synergy etc.).   Discuss the following 4 parameters:  1) market share, 2) product quality/brand judgment, 3) advertising quality and media placements, 4) sales productivity 

4. Discuss your company’s strengths and weaknesses based on the Quarter 6 Balanced Scorecard. You may also want to evaluate the Cumulative Balanced Scorecard results for a long term perspective on your performance.  

5. What are the 3 most important lessons that you learned about running a business and/or yourself from this simulation experience. 

Reference no: EM13329446

Questions Cloud

What does this policy say about specialization and the ppc : During China’s Cultural Revolution in the late 1960s andearly 1970s, highly educated people were forced to move to farms and work in the fields. Some were common laborersfor eight or more years.
Calculate the visibility of the fringer : Describe what would be observed if a double slit were illuminated by light of the two yellow mercury lines of wavelengths 577 and 579 nm respectively, calculate the visibility of the fringer near m=50
How to calculate the concentration of the acid solution : 2750 ml sample of 3 M Hcl solution is treated with 4.66 gm of magnesium . Calculate the concentration of the acid solution after all the metal has reacted. Assume that the volume remain unchanged-------M HCl.
What is nominal interest rate on 7-year treasury securities : The real risk-free rate is 2%. Inflation is expected to be 3% this year, 4% next year, and then 3.5% thereafter. The maturity risk premium is estimated to be 0.0005 × (t -1), where t = number of years to maturity.
Evaluate the cumulative balanced scorecard results : Use as many examples as you can to show the logic which underpinned your decisions. Be sure you analyze, discuss and detail to explain both the “Why” and the “How”.  Data should be used to back up your statements wherever necessary, e.g. market share..
Find the average power developed by the engine : A 1.50 ? 103-kg car starts from rest and accelerates uniformly to 15.2 m/s in 11.3 s. Find the average power developed by the engine
What is the acceleration of the plane : A model airplane of mass 0.790 kg is flying at constant speed in a horizontal circle at one end of a 26.0 m cord and at a height of 11.0 m. What is the acceleration of the plane
Smaller multiplier means that the change in government : Smaller multiplier means that the change in government purchases of goods and services or taxes necessary to close an inflationary or recessionary gap is larger. Explain this apparent inconsistency?
Evaluate the amount ml of compound a : Calculate the amount (mL) of Compound A needed to give 12 mmol. MW of Compound A: 32.04 g/mol Density of Compound A: 0.79 g/mL

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate the overhead cost per account

What is the price if a markup of 35% on total cost is used to determine the price and calculate the overhead cost per account for the Money Market Checking.

  Explain why activity-based costing is considered

Many businesses are moving to Activity-Based Costing for improved costing accuracy as compared to conventional costing procedures. Explain why activity-based costing is considered to provide more accurate results

  Develop all of your managerial accounting reports

Develop all of your managerial accounting reports. Examples of a few of those reports are the horizontal analyzes, vertical analyzes, and ratios.

  Calculate the variances for april

Discuss the advantages and disadvantages of a standard costing system in which the standard direct labour rates per hour are not changed during the year to reflect events such as a new labour contract.

  Variable costing-segment reporting

Michaels Company segments its income statement in its east and west divisions.The company's entire sales, contribution margin ratio, and net operating income are $600,000, 50%, and $50,000, respectively.

  Assumptions behind cost-volume-profit analysis

What are some of the critical assumptions behind Cost-Volume-Profit Analysis and why is CVP typically employed by organizations more often than time value money tools?

  Cost of acquistion-capitalizable costs-current expense

The invoice of a machine is $40,000. Various other costs relating to the acquistion and installation of the machine including transportation, electrical wiring, special base, and so on amount to $7,500.

  Discuss the effect of a volume increase in sales

Discuss the effect of a volume increase in sales, a price increase in sales, and a cost decrease on the net operating income.

  Identify set of criteria for evaluating accounting theories

Identify a set of criteria for evaluating accounting theories. Drawing on your understanding of accounting as a system of measurement and apply the criteria from part a) to the historical cost approach to accounting measurement.

  Cintax cost behavior and decisions

Cintas Company produces a line of cleaning products for both industrial and household use. While most of the company's products are processed independently, a few are related, such as Pearl and Satin Polish.

  Explain how activity cost drivers affect cost behavior

Show how changes in cost driver levels affect variable and fixed costs and calculate break-even sales volume in total dollars and total units.

  What would be the impact on profits

The annual fixed cost of $2,000,000 would be unaffected by the special order. What would be the impact on profits if Costa were to accept this special order?

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