Answer the following questions using the information below:
Riter Corporation manufactures water toys. It plans to grow by producing high-quality water toys at a low cost that are delivered in a timely manner. There are a number of other manufacturers who produce similar water toys. Riter believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy.
-To further company strategy, measures on the balanced scorecard would most likely include:
A)number of process improvements
B)price premium earned
C)longer cycle times
D)an increase in operating income from increased profit margins

Question

Quizplus · Accepted Answer

Riter Corporation's strategy focuses on producing high-quality, low-cost water toys with timely delivery. To achieve this, they emphasize continuous improvement in manufacturing processes. Therefore, measuring the number of process improvements aligns with their strategic goals.

Answer the Following Questions Using the Information Below