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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.
1. Unions quite frequently oppose the time study because the accuracy of time study is overly dependent upon the skill and judgment of the time study man. The time
Among NMS, we can find various scenes of the economic crisis, ranging from countries with extremely serious crisis to countries with rather milder crisis. These countries can be cl
The assignment for the module is an individual report which contributes 25% of the module total mark. You should conduct a Strategic Position Analysis (Situation Analysis) on an or
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