A Balanced Scorecard Should Include Five to Seven Measures in Each

question 153

Essay

A balanced scorecard should include five to seven measures in each of four perspectives: Learning and growth,internal business processes,customer,and financial.
Required:
List five measures that relate to the internal business processes perspective.

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Definitions:

Common Difference

The steady gap found between successive numbers in an arithmetic progression.

Common Ratio

In a geometric sequence, the consistent factor by which each term is multiplied to produce the next term.

Geometric Sequence

A geometric sequence is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Common Ratio

In a geometric sequence, the constant factor by which each term is multiplied to get the next term.