Please write your answer in the form of report for these two theoretical questions. Your Report should have the proper structure: Introduction, Main Body and Conclusion. Your discussion for each question should be around 600-650 words. There is no right or wrong answer for these two theoretical questions. The academic reference is required for both questions. Note: If you fail to follow the above instructions, the penalty will apply. Please answer the following questions: a) Many academic scholars believed that‘The balanced scorecard (BSC) is the best strategic planning and management systembecause it takes non-financial measures into consideration.’ Required: Critically discuss the above statement with reference to academic literature. In your discussion, you should also refer to Kaplan and Norton BSC model (1992) below.
Please write your answer in the form of report for these two theoretical questions. Your Report should have the proper structure: Introduction, Main Body and Conclusion. Your discussion for each question should be around 600-650 words. There is no right or wrong answer for these two theoretical questions. The academic reference is required for both questions.
Note: If you fail to follow the above instructions, the penalty will apply.
Please answer the following questions:
- a) Many academic scholars believed that‘The balanced scorecard (BSC) is the best strategic planning and management systembecause it takes non-financial measures into consideration.’
Required:
Critically discuss the above statement with reference to academic literature. In your discussion, you should also refer to Kaplan and Norton BSC model (1992) below.
Refer Screenshot
- b)
‘Investment appraisal techniques primarily meant to appraise the performance of a new project. Some managers believed that Net Present Value (
Required:
Critically discuss the above statement with reference to academic literature. In your discussion, you should refer to the other investment appraisal techniques you learned in this module.
![Financial
To succeed
financial, how
should we
appear to our
financial
stakeholders?
Customer
Internal Processes
To satisfy our
financial
stakeholders
Who are our
Vision
customers and
what do they
схресt or
demand?
and
and customers,
Strategy
at what
processes must
we excel?
Learning & Growth
How can be the
ability to green
change and
improvement
sustained?
Objectives
Measures
Initiatives
Objectives
Objectives
Measures
Measures
Targets
Targets
Initiatives
Initiatives
Objectives
Measures
Targets
Initiatives](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e926be8-96f5-40f0-89fc-f8123a5eb197%2F9b598704-e83b-40d9-b444-c0748fffe7e1%2F5pas55_processed.png&w=3840&q=75)
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