TESCO BSC
Tesco Balanced Scorecard
FINANCIAL PERSPECTIVE
MEASURES
MEASURES
Growth
Market share
More stores, more locations
Sales volume
Online sales volume
Profitability
ROCE measures
Variety
Product channels
Costs/profit margins
Affordability
Price comparisons
Security
Debt reduction
INTERNAL Business PERSPECTIVE
LEARNING/INNVATION PERSPECTIVE
MEASURES
MEASURES
Integrity
Cultural consistency
Development
Training expenditures
Middle-management promotion levels
Consistency
Staff retention
Reporting regularity
Diversification
Changes in department outputs
Explanation and Justification of Proposed Measures
From the financial perspective, the company has set itself goals of continued and even stronger growth, and profitability is also specifically mentioned by the CEO in his review of the company's 2011 annual report (Tesco, 2012). Likewise, the specific measures listed for these goals -- market share, sales volume, ROCE measures, and profit margins -- are all referenced by the CEO in his assessment of the company's current position, its future desires, and its real future outlook, and they are also generally associated with financial performance and strength (Tesco, 2012; Quiry et al., 2011). Reducing debt will add to financial security during a time of continue global economic uncertainty. Moving to the customer perspective, the CEO again specifically identifies store growth and the newer online sales department as measures for the company's...
Financial Reporting Current liabilities at Activision Blizzard Inc. Current Liabilities for the Most Recent Annual Reporting Period Current liabilities are classified as amounts which are owed to suppliers and creditors, which are due within 12 months (Harrison et al., 2012). The Activision Blizzard Inc. And Subsidiaries consolidated balance sheet shows total current liabilities at 31 December 2012 (the end of the most recent accounting period) as being $2,652 million. The company divides the
Financial Reporting on the Internet (AMETEK, Inc.) The company's management as AMETEK observes in its 2012 annual report is responsible for not only the preparation but also the integrity of the financial statements and other related information (AMETEK, Inc., 2012). As the company further points out in its annual report, its financial statements conform to the provisions of GAAP (AMETEK, Inc., 2012). The relevance of following the standard set of accounting policies
Financial reporting system is any system that compiles financial data and presents it to management in a meaningful format. There are different types of such systems, depending on the system's purpose. So a company can have a one system to assist with financial accounting, and another that delivers managerial accounting outputs. A system that delivers financial statements needs to use generally accepted accounting principles (GAAP), so there is little choice
Financial Reporting and Analysis The objective of this report is to carry out the financial reporting and analysis of Sunbeam Corporation. To carry out the analysis, the paper adjusts Sunbeam's 1997 financial statements to reveal the fraud perpetuated by the company in its 1997 financial statements. Adjustment of Sunbeam's 1997 Earning The report adjusts Sunbeam's 1997 Earning before taxes and interests. This includes depreciation expenses, and doubtful accounts. After the issuance of the
Financial Reporting & Analysis This particular assignment is about financial research assignment in which shares analysis of a company has been conducted through different angles. The assignment has been divided into 5 different sections and every section has been related to the end result of the research. It is prerequisite for this particular assignment to select a company which has been listed on the Financial Times Stock Exchange (FTSE-100). The company
Therefore, the fixed overhead charge would otherwise be applied to other orders in their system. The order utilizes the capacity and contributes a positive net cash flow of $2,500, even though the overhead charge renders it unprofitable in the accounting sense. In determining whether or not Sport Cardz should take the order, they must consider cash flow rather than accounting profit. If they did not take the order, the overhead
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now