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The last day to withdraw is Monday, May 4, 2026. 

Answer the following questions: (a). Design a balanced scorecard for the general manager of a low-cost hotel such as a Holiday Inn or a Days Inn. Explain what dimensions should be included and why (use a strategy map), and include 2 or 3 performance measures for each dimension. (30 points)  (b). What is the advantage of using a balanced scorecard relative to rewarding financial performance alone? Are there any disadvantages? (10 points) (c). Some firms keep their hotel managers at the same hotel for many years, while other firms rotate managers (transferring them to a new hotel) every 2-3 years. When would it be relatively more beneficial to use a balanced scorecard: when managers stay in their division or when they rotate? Explain your answer. (10 points) Clearly separate the answers to the three parts.

The board of a firm is trying to assess the performance of their CEO. This year, the firm saw its share price increase by [a]%. During that time, the S&P500 generated returns of [b]%, while an index of the industry the firm operates in averaged [c]%. How much did the CEO contribute to the performance of the firm? If your answer is 17.5%, write 17.50.

For this question, you need to use Musimundo’s exhibits. Calculate Musimundo’s year-to-date quantity variance for Videos (DVD & VHS) revenue. If the variance is favorable, enter a positive number. If the variance is unfavorable, enter a negative number. 

A firm has two divisions, A and B, that operate under similar conditions. The divisions are evaluated based on EVA. The firm increased the bonus amounts that division A managers could earn in 2024, and saw the following performance: 2023 EVA 2024 EVA Division A [a] [b] Division B [c] [d] Given this information, estimate the effect of the new bonuses on the performance of division A. If the new bonus amounts increased EVA by $17.5, write 17.50. If they decreased EVA by $17.5, write -17.50.

39. Which of the following is the last step in the ethical decision-making process?      

22. The Dodd–Frank Act established which of the following as an independent agency within the Federal Reserve System?    

At the end of fiscal year 2011, a company reported direct labor cost of $150,000 which exceeded the budget of $130,000. The budget allowed for an average hourly rate of $20 while the actual average rate was $25. The price variance is [pvar] [pvarsign]. The quantity variance is [qvar] [qvarsign].

31. Optimization is defined as which of the following?    

32. What is the first step toward understanding business ethics?