Monday, June 10, 2019

BUS 499 MoD-5 (SLP) Integation Causal & Strategy Essay

BUS 499 MoD-5 (SLP) Integation Causal & Strategy - Essay Exampleooking at this strategy and its impact on financial performance, it fag be concluded that this strategy will lead to an increase in revenues, which in turn would lead to greater operating profits and net income. Since the federation will add new competencies in its operations these competences, presumably will enable it to achieve economies of scale in its operation and reduce unit scathe of the product. This coupled with an increase in sales volume will lead to an increase in the fraternitys profit margins, which ultimately will be reflected on the companys annual profits.In this way, the balance scorecard approach enables the company to achieve its two foremost financial objectives increasing the companys profitability and maximizing the returns of stockholders of the company. By accomplishing both these objectives, the company will ensure future survivability and growth.Kaplan, R. S., and Norton, D. P. (1992). The Balanced Scorecard Measures That Drive Performance. Retrieved May 17, 2012, from http//library.tmu.edu.tw/news/%5BHarvard%20Business%20Review%20-%20January-February%201992%5D%20-%20Kaplan%20&%20Norton%20-%20The%20Balanced%20Scorecard%20-%20Measures%20That%20Drive%20Pe.pdfKaplan, R.S. and Norton, D.P. (2004). Measuring the strategic readiness of intangible assets. Retrieved May 17, 2012, from http//www.cma-slp.com/onlinelibrary/OL_English/Strategy%20Implementation/Management%20Accounting/MeasuringTheStrategicReadinessofIntangibleAssets.pdfLawrie, G., and Cobbold, I. (2004). Third-generation balanced scorecard evolution of an effective strategic control tool. International journal of Productivity and Performance Management, 53(7), 611 623.Palladium. (2011, June 8).Palladium balanced scorecard hall of fame for executing strategy. Retrieved May 17, 2012, from Roos, G., and Roos, J. (1997). Measuring Your companys Intellectual Performance.

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