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Module 08: Measuring Performance with Responsibility Accounting (Example)

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 Measuring Performance – Balanced Scorecard Student’s Name Institution Affiliation Importance of a Balanced Scorecard A balanced scorecard is an essential tool in strategic management in giving the management and employees in the direction towards achieving long their long-term goals (Antos 2009). It provides a clear path to the exact course that an organization and employees References Antos J. (2009). Balanced scorecard. San Francisco: Berrett-Koehler Publishers. Botek M. & Pecháčková E. (2013). Using the Balanced Scorecard concept for employee remuneration. Ekonomická Revue - Central European Review Of Economic Issues  16(3) 169-182. dx.doi.org Zizlavsky O. (2014). The Balanced Scorecard: Innovative Performance Measurement and Management Control System. Journal Of Technology Management & Innovation  9(3) 210-222. http://dx.doi.org/10.4067/s0718-27242014000300016 [...]

Order Description:

Explain how, if at all, do you think management and employees can benefit from using balanced scorecards. Do you think compensation should be linked to balanced scorecards? What problems do you think the company might encounter in trying to implement a balanced scorecard?

Subject Area: Accounting

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $10

Words 275

Pages 1

Completed in 7 days

Expert Carkim G

Client Review

perfect

Positive
11.21.2017

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