44(3)‚ pp. 407–425 Entrepreneurs Use a Balanced Scorecard to Translate Strategy into Performance Measures by Andra Gumbus and Robert N. Lussier Although 50 percent of Fortune 1000 companies currently use a balanced scorecard (BSC)‚ few small businesses are using a BSC. A review of the literature finds no BSC papers in leading small business/entrepreneurship journals. This article begins with a discussion of the BSC and why a small business should use it. Three small to medium-sized enterprise
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many years‚ scholars have developed a number of methods to predict exchange rates. As a speculator‚ I am going to use three measures including Asset Market Approach‚ Relative PPP‚ and International Fisher Effect for currency forecasting. From the fundamental perspective‚ Asset Market Approach considers economic growth‚ unemployment rate‚ political risk‚ etc. I would like to use Relative PPP instead of Absolute PPP as Absolute PPP assumes two countries have similar or identical goods from the
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current demand forecasting method is based on qualitative techniques more than quantitative ones. If the forecast is not accurate‚ the company would carry both inventory and stock out costs. It might lose customers due to shortage of supply or carry additional holding costs due to excess production. If the actual demand doesn’t match the forecast ones‚ and the forecast was too high‚ this will result in high inventories‚ obsolescence‚ asset disposals‚ and increased carrying costs. When a forecast is too
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Was the Iraqi use of military force in The First Gulf War justified? In the end of Cold War‚ a new problem for the international community emerged. In the summer 1990 Iraq launched an invasion of Kuwait. Since the establishment of the United Nations‚ the international law has played a significant role in relations between states and the survival of the fittest has no longer been a legitimate reason for aggression. Hence‚ as Iraq has been a UN member a since 1945‚ its government must have advocated
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purpose of the focus group interview? How have focus group studies helped us to understand media audiences? I am writing this essay to explore and discuss in depth the function of a focus group‚ particularly in relation to media audiences. I will discuss the meaning and definition of a focus group and share my research on how they have been used both historically and in modern studies. I will touch on how the focus group became one of the most popular methods of research post 1980s and how the demand
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N1202 Review for Test #2 1. What is meant by metaparadigm? What are the components of the metaparadigm that are described in every nursing theory? -Metaparadigm: the collective body of knowledge - Concepts: person‚ environment‚ health care‚ nursing care 2. How do nurses know their world? What are Carper’s ways of knowing? -Aesthetics: art of knowing -Empirics: science of knowing -Emancipatory: addresses social and political context of nursing 3. What are the two pieces of legislation
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*Describe your personal culture shock in the United States. What is culture? The word culture has many different meanings. For some it refers to an appreciation of good literature‚ music‚ art‚ and food. If one is looking this word up in a dictionary‚ he will find out that culture is ¡§the totality of socially transmitted behavior patterns‚ arts‚ beliefs‚ institutions‚ and all other products of human work and thought. These patterns‚ traits‚ and products considered as the expression of a particular
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Case 1 Warren E. Buffett‚ 2005 Assignment Please make your answers as complete as possible by explaining/supporting the rationale for your position. 1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement? Specifically‚ what does the $2.55 billion gain in Berkshire’s market value of equity imply about the intrinsic value of PacifiCorp? a. The possible meaning of the changes in stock
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Report: The Management Problem at Valve Software Prepared by: Due Date: Word Count: 1913 The Management problem at Valve Software 1. Introduction and Problem Identification Value is a software company that views it’s day-to-day business structure in what only can be described as organic and flat. No planning‚ procedures or organizational structure is claimed by the company to be “A barrier against codified decisions of labour” (Valve Corporation‚ 2012)‚ which leads
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Conflict in Close Quarters‚ discusses an experiment conducted by a team of psychologist at Moscow’s Institute for Biomedical Problems (IBMP). The team wanted to study the dynamics of long-term isolation in space so that they could apply this knowledge to the International Space Station. To achieve this experiment IBMP set up a replica of the Mir space station in Moscow and arranged for two teams to be isolated in chambers that stimulated living conditions on the space station Mir. One team was comprised
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