Exam (elaborations)
MNG3702 October Examination 2024
- Course
- Institution
MNG3702 October Examination 2024 .... 100% TRUSTED workings with detailed answers.
[Show more]
Seller
Follow
StudyAidPro
Content preview
MNG3702OCT/NOV EXAM 2024
UNIQUE NO.
DUE DATE: 15 OCTOBER 2024
, Question 1
1.1 Elements of the Balanced Scorecard (BSC)
Financial Perspective (1 mark)
Customer Perspective (1 mark)
Internal Business Processes Perspective (1 mark)
Learning and Growth Perspective (1 mark)
1.2 Strategic Objectives for Each Element of the BSC
Financial Perspective:
Strategic Objective: Increase profitability by expanding into new eco-friendly
textile markets and reducing production costs by adopting sustainable
technologies.
Alignment: This objective is aligned with Green Threads' goal to improve financial
performance and achieve carbon neutrality by 2030.
Customer Perspective:
Strategic Objective: Achieve a 96% customer satisfaction rate by 2030 through
innovative, high-quality, and eco-friendly products.
Alignment: This supports the company's vision of delivering sustainable products
and enhancing customer satisfaction.
Internal Business Processes Perspective:
Strategic Objective: Improve operational efficiency by adopting advanced
production processes and reducing waste to achieve zero waste by 2030.
Alignment: This is in line with Green Threads' commitment to sustainability and
leadership in eco-friendly practices.
Learning and Growth Perspective:
Strategic Objective: Foster innovation and employee development through
continuous research and development, focusing on sustainable product creation.
Alignment: This aligns with the company's goal of introducing at least one new
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyAidPro. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.67. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79978 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now