Part 1 (Individual Portion)
Your boss recently attended an accounting seminar at which the balanced scorecard was discussed. He has asked you to prepare a presentation for the next manager’s meeting about the balanced scorecard and how EEC might adopt it. In your presentation, you should complete the following:
Define the elements that might be presented in a balanced scorecard.
Explain how the elements will be used.
Make a recommendation of whether or not EEC should adopt the balanced scorecard.
If adopted, how might it improve the company?