Balanced score card Coursework Example | Topics and Well Written Essays - 250 words

Balanced score card - Coursework Example The funding strategy mainly entails developing coalitions with the congress members. The coalition aims at gaining the support of the congress members on their expansion activities, and also aligning the funding towards foreign relations. The company also has the objective of increasing the number of marketing vehicles by 12 in the next one year. Achievement of this objective will lead to excellence in marketing and publicity campaigns. The vehicles will be budgeted for in the next fiscal year. The marketing vehicles will increase the number of viewers and thus MTN ratings. Diverse marketing vehicle strategy will be used; for example, billboards, advertisements, social media, and youth events (Kaplan & Norton, n.d.). Organizational capacity entails the ability of MTN to realize and maintain positive change that ensures broadcast effectiveness. This will be achieved through enhancing programming quality and also effective human capital. Adequate duration for ensuring adequate organizational capacity is 12 months, which is required for realizing 200% organizational capacity development. The lag measure for illustrating adequate organizational capacity entails; initiating programs that enhance quality, and also increasing revenue by minimizing production expenses. The lead measure for enhanced organizational capacity entails enhancing the market share. This can be effectively realized by adequately building the social media presence. Improvement in organization capacity will directly result in 40% improvement in the organizational productivity. The productivity improvement will also be directly determined by adoption of the quality improvement programs. Employee must be involved so as to realize ef fective organizational capacity. Participation acts as incentive for the employees to engage in the programs on quality improvement. The expenses required for realizing organization capacity are adequately budgeted

Any potential benefits and negative impacts of adopting the IFRSs for Coursework

Any potential benefits and negative impacts of adopting the IFRSs for the country; - Coursework Example The IFRS adoption move was encouraged by the 1995 European Commission’s report considerations (Accounting Harmonization: New strategy with regard to global harmonization), however, it resulted from some more far reaching program for corporate reforming that was introduced by the government of Common Wealth under sponsorship of CLERP (The Cooperate law Sponsorship Program). The major aim for adopting the standards for Australia was to enhance information quality on corporate performance. This paper looks at the benefits resulting from the adoption of the standards as well as any challenges, negative impacts or limitations that the country has faced in the implementation as well as maintenance of the International Financial Reporting Standards in Australia. Consistency- change IFRS will provide many bonuses to Australian companies. Among the most beneficial areas for adopting IFRS is uniformity. Consistency happens to be the major reason why most companies as well as nations are currently adopting IFRS. In simple words, Australia’s adoption of IFRS provide the companies within the country internal uniformity, something, which reduces cost of reporting (Anna, 2013). As the key aim for IFRS is uniformity, it places every person within a similar level globally as far as preparing financial standards is concerned. For Australia, this will enable firms to display financials at some similar levels as their international competitors. Better Capital Markets- through the adoption of IGRS, Australian companies are place within the international market place. His helps in the promotion for new trade as well as well as assessing capital markets. Companies within the country will have a chance of being recognized to be an international player within the capital market (CYNTHIA, 2009). Improved international communication- adoption of IFRS by Australia will ensure reliable financial reporting. As a result, Australian large companies will be apply