Applying the Balanced Scorecard Performance indicators: The New Robot Company Academic Essay

In 2025 home robots are emerging as a key business opportunity. Such robots are costly to consumers if purchased outright. However, such robots can be rented for periods of time from a month through to a year. In the following hypothetical case an established manufacturing business New Robot is seeking to convince a key venture capitalist Equity Partners that more resources should be allocated to its new line of robots as a way of responding to the new market for in home help. New Robot has 50 distributers across Asia. Distributers pay an annual franchise fee of $5000. While New Robot is a small manufacturer it has a number of specialist management teams who see New Robot from the different perspectives of their specialist areas of management (financial management, marketing, production management and organisational development). Equity Partners as a venture capitalist is seeking to invest funds it raises in new and emerging business. Equity Partners would like to be able to help New Robot, but is faced with its own challenges in ensuring that it invests its limited pool of loans wisely. EP can, if it chooses to, provide direct loans to New Robot or direct those loans to particular parts of New Robots business. Research Skills and Organizational Performance Problem Solving Exercise 3 write by hand 100 words (plus or minus 10 words) using your own words to answer the following question: How well do you think the Balanced Scorecard will work to help New Robots management team perform better? Again, please write by hand 100 words (plus or minus 10 words) using your own words to answer the following question: How well do you think the Balanced Scorecard worked as a tool to help New Robots management team perform better? These answers should be written on the following page. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT

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