Acompany needs financial objectives: to indicate to employees that financial objectives always take precedence over strategic objectives. to convince shareholders that top management is acting in their interests. because without adequate profitability and financial strength, the company’s ultimate survival is jeopardized. to overtake key competitors on such important measures as net profit margins and return on investment. to translate the company’s business model into action items.
Acompany needs financial objectives: to indicate to employees that financial objectives always take precedence over strategic objectives. to convince shareholders that top management is acting in their interests. because without adequate profitability and financial strength, the company’s ultimate survival is jeopardized. to overtake key competitors on such important measures as net profit margins and return on investment. to translate the company’s business model into action items.
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 8MC: What should an organization do if performance measures change? A. Make sure that the manager being...
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Acompany needs financial objectives:
to indicate to employees that financial objectives always take precedence over strategic objectives.
to convince shareholders that top management is acting in their interests.
because without adequate profitability and financial strength, the company’s ultimate survival is jeopardized.
to overtake key competitors on such important measures as net profit margins and return on investment.
to translate the company’s business model into action items.
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