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Discuss the Following Components of the Balanced Scorecard

question 93

Essay

Discuss the following components of the balanced scorecard:
(1) financial
(2) internal business proces5es
(3) custamers
(4) innovation and imgrovement activities


Definitions:

Return on Total Assets

A measure of profitability that indicates how efficiently a company is using its assets to generate earnings.

Total Assets

The sum of all current and non-current assets that a company owns, visible on the balance sheet.

Book Value Per Share

The equity available to common shareholders divided by the number of outstanding shares, indicating the value of a company's shares based on its financial statements.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.

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