Balanced Scorecard Essay Question

Instructions

INSTRUCTIONS: Choose any two of the 4.situations described above and perform a standard balanced scorecard analysis.  In full detail, (A) Identify a specific ratio or statistic which is managerially measureable about the indicated performance deficiency; (B) identify a hypothetical current level of (allegedly deficient) goal achievement; (C) suggest a new better or higher realistic target level of achievement; and (D) propose a specific managerial or behavioral initiative which you have designed to achieve that new higher target.  Finally, explain in detail why and how you believe the proposed initiative will be successful to reach the goal. MORE INFO ARE EXPLAINED IN THE ACTUAL FILE.MAIN DOCUMENT: " MIDTERM - Balanced Scorecard Essay 10032020". HELP-FULL DOCUMENTS: All the other files are just in case you need to search information.GENERAL INFO: NO PLAGIARISM, FOLLOW THE INSTRUCTION (in the midterm file), USE A SIMPLE ENGLISH (no mother language)

Answer

SITUATION APart A A commodity processing company provides universal input products and provides raw material input to many finished products manufacturers. The CEO of this commodity company pointed out that the collection of accounts receivable has declined for several months. The problem with accounts receivable has a direct impact on the profit level of commodity processing companies.There are other performance measures that also affect the level of profits just like the receivables. There is no relationship between them and the accounts receivable problemthat managers have recognized. Suppose the organization's balanced scorecard includes every performance measure that may affect revenue, thenit will be very troublesome, and we shall lose focus on what actual problem needs to be address...

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