Artemis Corporation is a large, national company that manufactures and sells designer, vegan leather products. Their offerings include jackets, pants, dresses, tops, shoes, and accessories. In addition to being sold in high-end luxury stores, they also have a website where people from all over the country can purchase their goods. The management for Artemis has created the following list (in no particular order) of objectives, initiatives, measures, and targets for the upcoming year.
The managers for Artemis are completing the balanced scorecard using the objectives, initiatives, measures, and targets above.
a. Sort the objectives, initiatives, measures, and targets and complete the financial perspective of the balanced scorecard.
b. Sort the objectives, initiatives, measures, and targets and complete the customer perspective of the balanced scorecard.
c. Sort the objectives, initiatives, measures, and targets and complete the internal business process perspective of the balanced scorecard.
d. Sort the objectives, initiatives, measures, and targets and complete the learning and growth perspective of the balanced scorecard.
e. Does the balanced scorecard prepared by Artemis align with what you would expect from a company in this industry? How will management use this information in the upcoming year? Are there any other considerations to make when a company decides to use a balanced scorecard?
Correct Answer:
Verified
b.
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