Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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Chapter 13, Problem 7E

Consider the following list of scorecard measures:

  1. a. Product profitability
  2. b. Ratings from customer surveys
  3. c. Number of patents pending
  4. d. Strategic job coverage ratio
  5. e. Revenue per employee
  6. f. Quality costs
  7. g. Percentage of market
  8. h. Employee turnover percentages
  9. i. First-pass yields
  10. j. On-time delivery percentage
  11. k. Percentage of revenues from new sources
  12. l. Economic value added

Required:

Classify each measure according to the following: perspective, financial or nonfinancial, subjective or objective, and external or internal. When the perspective is process, identify which type of process: innovation, operations, or post-sales service.

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Per given item (A to P), Identify if it is under Financial Perspective, Customer Perspective, Learning Perspective or Internal Perspective The following items are connected to one of the four perspectives on the balanced scorecard: A. Revenue B. Inventory C. Employee satisfaction D. Customer satisfaction E. Market share F. Cycle time G. Orders M. Net Income H. Asset value N. Resource Allocation . Customer retention J. Employee education K. Quality contral L Brand strength O. Employee turnover P. Cash Flow
The Performance Measure of number of on-time deliveries would be used as a measure in which of the following Balanced Scorecard Perspectives? A) Financial Perspective B) Customer Perspective C) Internal-Business-Process Perspective D) Innovation/Learning & Growth Perspective
Which of the following is a key performance indicator of the internal business perspective in a balanced​ scorecard?   A. return on investment B. hours of employee training C. number of warranty claims received D. percentage of market share

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Cornerstones of Cost Management (Cornerstones Series)

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