Dfeatures of a good balanced scorecard , Managerial Accounting

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Dfeatures of a good balanced scorecard

1. Define strategy.

2. Describe two generic strategies.

3. What are the four key perspectives in the balanced scorecard?

4. What is reengineering?

5. Describe three features of a good balanced scorecard.

6. What are three important pitfalls to avoid when implementing a balanced scorecard?

7. How does an engineered cost differ from a discretionary cost? Are these strategic costs?

8. Define SMA.

9. Why is SMA practice organisation-specific?

10. What affects SMA's potential?

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