What does the saying manage what measure mean

Assignment Help Accounting Basics
Reference no: EM132772607

Problem 1: What does the saying "you manage what you measure" mean?

a) The only important activities are those that can be reliably measured.

b) Managers will only measure what they have expertise in.

c) Whatever the organization chooses to measure will become its focus.

d) If the organization doesn't measure something, performance in that area will never improve.

Reference no: EM132772607

Questions Cloud

Which of the performance results would be improvement : Which of the performance results would be considered an improvement in the learning and growth perspective of the balanced scorecard?
Which represents a governance weakness in setting up fld : Which represents a governance weakness in setting up FLD? For the Love of Dogs (FLD) is a new not-for-profit enterprise with a mandate to provide
What is the return on investment for paint booth for year : What is the return on investment (ROI) for the paint booth for Year 3, assuming that the net book value method is used and that the opening
Calculate the underwriter spread per share on the issue : Don's Captain Morgan, Inc. needs to raise $14.40 million to finance plant expansion. In discussions with its investment bank, Don's learns that the bankers
What does the saying manage what measure mean : What does the saying "you manage what you measure" mean? If the organization doesn't measure something, performance in that area will never improve.
Find how the risks differ from one industry to the other : Identify two (2) different industries and analyze how these risks differ from one industry to the other. Also, identify internal controls
Search the internet or other financial documents : Search the internet or other financial documents for the balance sheet, profit retention statement, and income statement for the last two years
What is the maximum deduction allowed : A full time school teacher recognized a $18000 loss in 2020 from his part time farming activities. What is the maximum deduction allowed
What the variable cost per unit must be : 100,000 units annually. If the company's only product sells for £68.00 and fixed costs total £ 372,000.00 per year, the variable cost per unit must be

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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