Question

In: Accounting

Prepare a Balanced Scorecard for The Ford Motor Company from the 2016 fiscal year.

Prepare a Balanced Scorecard for The Ford Motor Company from the 2016 fiscal year.

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Expert Solution

answer:

Balanced Scorecard for The Ford Motor Company from the 2016 fiscal year:

*Parity Scorecard helps in key arranging and dealing with the business and enhancing the execution of the business so as to accomplish the objectives.

*Being a supervisor of Ford Motor Company I should assess different elements of the Balance Scorecard of the Company. The different variables are Finance Internal Business Perspective, Learning and Growth Perspective and Customer's point of view. Inside these components there are such a significant number of regions that are to be seen. For example, inside the Financial Perspective we have to look at the Cash Flows, the arrival on Investments of the organization and other budgetary outcomes to take imperative choices.

*We have to sse the consumer loyalty's. Clients are an extremely vital piece of a business . We have to see whether they are happy with the item or not and what sort of value administrations will be required by the client. We have to ponder the market all in all, look at the standard for dependability of the clients. Parity Scorecard will enable me to know whether there are chances for the organization to grow or not whether to add any more new detail to the item or not

*Parity Scorecard will be examined altogether in order to take numerous other vital choices of the Company. Every one of these points of view said in a critical position Scorecard are entomb connected with each other. On the off chance that there are any progressions or enhancements required we will come to know by concentrate the Balance Scorecard.


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