Accounting/Applied Managerial Accounting PowerPoint
3 slides-250 words on each (ALSO INCLUDE A REFERENCE SLIDE)
The President of EEC (EDDISON ELECTRONIC COMPANY) realizes that the balanced scorecard translates an organization’s mission and strategy into operational objectives and performance measures. You received an e-mail from him asking you to include information in your PowerPoint presentation about tying compensation to performance measures. Discuss the following in your presentation:
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- How should EEC tie performance measures to compensation?
- Who is responsible for establishing the performance measures?