PH4 (DB) Please write in 1000 words using APA style, with at least 3 references this assignment:Your...

Question

PH4 (DB) Please write in 1000 words using APA style, with at least 3 references this assignment:Your boss recently attended an accounting seminar at which the 
Balanced Scorecard was discussed. He has asked you to prepare a 
presentation for the next manager’s meeting about the Balance Scorecard 
and how SAC might adopt it. In your presentation, define Balanced 
Scorecard, explain how it is used, and make a recommendation if SAC 
should adopt the Balanced Scorecard, and if adopted, how it might 
improve the company.

Robert · Accepted Answer

Balance Score Card                                                                                                                       1
Balance Score Card 
Student Name: 
Course Name: 
Date:
Balance Score Card                                                                                                                       2
Introduction 
Balance score card is one of the significant instruments which assist in evaluating the 
working of the organization from different angles which involves financial, customers, internal 
operations and learning and growth perspective. This instrument assists in analyzing and 
evaluating the results or performance of the company and assists in filling the gap between the 
strategic goals of the company and the execution of the objectives. With this the organization is 
able to attain their set aims and goals. (Kalpan, 1991) 
Balance Score Card assists in improving the supply chain management of an organization 
which in turn will assist in improving the outcome as well as productivity of the company. With 
the implementation of balance score card the organization will also be able to raise the customer 
satisfaction and retention. With the implementation of this the company will also be able to 
decrease the operational cost of the company.  
Every company is required to have a strong aim on reducing or eliminating the risk so as 
to attain the strategic goals of the organization. The company is supposed to concentrate on the 
internal environment, objective settings so as to analyze and evaluate the risk involved in the 
company. The company should have a strong focus on mitigating the risk that is likely to be 
faced by the company. The internal working can be improved through the implementation of 
balance scorecard. 
Learning and Growth perspective 
The Learning and growth perspective concentrates on raising the abilities of the 
employees so as to increase and improve their efficiency and productivity, for this they have a 
strong focus on the training and development of the employees.

PH4 (DB) Please write in 1000 words using APA style, with at least 3 references this assignment: Your boss recently attended an accounting seminar at which the Balanced Scorecard was discussed. He has...

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