Each of you has been allocated a company listed at the Pakistan Stock Exchange. This list is attached at the end of this assignment. You are required to visit the web pages of your allocated company and download the company’s most recent annual report available at the web. After this, kindly read carefully given in the report, the Co.’s Vision & Mission Statement, the Chairman’s Review, the Director’s report, and the Key Performance Indicators depicting the past 6-10 years financial performance of the company.
Now, after reading the above stated pages, answer the following questions:
a)List down the company’s overall long-term goals. (1 Marks)
b)Develop a balanced scorecard for the company including 4-5 measures in each of the scorecard’s perspectives. (4*2 Marks)
c)Briefly describe that why should the company’s management must review and update regularly the performance measures such as balanced scorecard?
Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
Share the Assignment Questions & Discuss Here....
Stay touched with this discussion, Solution idea will be uploaded as soon as possible in replies here before the due date.
already share sir today is full and final date :( :(
A balanced scorecard is a strategic management performance metric used to identify and improve various internal business functions and their resulting external outcomes. Balanced scorecards are used to measure and provide feedback to organizations. Data collection is crucial to providing quantitative results as managers and executives gather and interpret the information and use it to make better decisions for the organization.
The balanced scorecard involves measuring four main aspects of a business: learning and growth, business processes, customers, and finance.
Learning and growth are analyzed through the investigation of training and knowledge resources. This first leg handles how well information is captured and how effectively employees use the information to convert it to a competitive advantage over the industry.
Business processes are evaluated by investigating how well products are manufactured. Operational management is analyzed to track any gaps, delays, bottlenecks, shortages, or waste.
Customer perspectives are collected to gauge customer satisfaction with quality, price, and availability of products or services. Customers provide feedback about their satisfaction with current products.
Financial data, such as sales, expenditures, and income are used to understand financial performance. These financial metrics may include dollar amounts, financial ratios, budget variances, or income targets.
this is right solution?
It is definition of Balanced score card only. After studying it develop your own solution.