Question

In: Accounting

Identifying Monetary and Nonmonetary Performance Measures Identify possible monetary and nonmonetary performance measures for each of...


Identifying Monetary and Nonmonetary Performance Measures

Identify possible monetary and nonmonetary performance measures for each of the following situations. One nonmonetary measure should relate to quality and one should relate to time.

A. Earthlink's evaluation of the performance of its Internet service in Chicago.

B. Comcast's evaluation of the performance of new customer cable installations in Springfield.

C. Asustek Computer's evaluation of the performance of its logistical arrangements for delivering computers to its U.S. customers.

D. Target's evaluation of website of its website.

E. Emory University's evaluation of the success of its freshman admissions activities.

Solutions

Expert Solution

a. Monetary performance measure is linked to charges for internet service, more effective it will be, more customers will be there. Non monetary measure is its customer satisfaction index and its speed.

b. Monetary performance measure is linked to charges for customer installation, more who makes the cutomers install, more commission or incentive they will earn. Non monetary measure is its customer support ticket and without disturbance quality

c. Monetary performance measure is linked to charges for delivery to customers, more who makes the customers install, more profit they will earn. Non monetary measure is its net promoter score and on time rate/delivery

d. Monetary performance measure is linked to charges for using the website and its utility. Non monetary measure is clarity and data driven or provided on its website. It is userfriendly.

e. Monetary performance measure is linked to charges for taking the admission, more admission more profit. Non monetary measure is quality of learning and advance ment provided to students.


Related Solutions

When identifying measures to monitor in a quality assurance performance improvement program(QAPI), the six domains of...
When identifying measures to monitor in a quality assurance performance improvement program(QAPI), the six domains of healthcare quality are used. List and briefly define four(4) of the domains of health care quality.
List all possible Stakeholder groups (be specific in identifying each group) for these companies
List all possible Stakeholder groups (be specific in identifying each group) for these companiesAMAZON and WALMARTBriefly compare their business models. Considering that they are direct competitors (in many products), how are their models similar and how are they different?How does the difference in business models affect stakeholder groups (if at all)?
1.) Identify and discuss the key performance measures of a balanced scorecard. 2.) Discuss in as...
1.) Identify and discuss the key performance measures of a balanced scorecard. 2.) Discuss in as much detail as possible the specifics of the balanced scorecard that is being used by these three companies; Phillips(PSX), Thomas Reuters(TRI), & Apple(AAPL).
Performance measures and standards. Explain the differences between individual versus group performance and the measures that...
Performance measures and standards. Explain the differences between individual versus group performance and the measures that apply to each.
List all possible Stakeholder groups (be specific in identifying each group) for these companies McDonald’s Corp....
List all possible Stakeholder groups (be specific in identifying each group) for these companies McDonald’s Corp. Google (Alphabet) Clarification: You can identify any group so long as you - describe what that group it, how that group is affected by the company's actions, how that group's actions can affect the company. This will capture- identification (characteristics) and the nature of the relationship between the group and the company. As with all business communication (!), please keep it concise and to...
Internal Control : Performance Measures Essex Engineering Topic: Performance measures, Essex is an industrial company with...
Internal Control : Performance Measures Essex Engineering Topic: Performance measures, Essex is an industrial company with three divisions. Both the Midland Division and the North Division are long established. Senior managers are concerned that these divisions have a high percentage of products that are near the end of their product life-cycle. Forecast sales increases over the next 5 years is expected to be in the region of 4-5% per annum. The East Division was acquired in 1999 and senior managers...
1.) What is the difference between objective performance measures and judgmental performance measures? Is one generally...
1.) What is the difference between objective performance measures and judgmental performance measures? Is one generally better than the other? Explain. 2.) Provide an example of how an organization could use electronic performance monitoring. What could be some advantages or disadvantages of using electronic performance monitoring? 3.) How do behavioral observation scales differ from behaviorally anchored rating scales?
Discuss five of the advantages that nonfinancial performance measures have over financial performance measures using examples
Discuss five of the advantages that nonfinancial performance measures have over financial performance measures using examples
TOPIC: Decentralization and modern performance management systems in accounting Compare different Performance measures. Which measures encourage...
TOPIC: Decentralization and modern performance management systems in accounting Compare different Performance measures. Which measures encourage managers to work harder?
Compare and contrast the usage of market measures and accounting measures of performance in the context...
Compare and contrast the usage of market measures and accounting measures of performance in the context of management control? (1,000words essay)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT