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Control measures analysis for the "Panasonic Group".
Evaluation and control
Please include references!
The website is link is: http://www.panasonic.net/corporate/
Strategic Audit for the Panasonic group.© BrainMass Inc. brainmass.com June 4, 2020, 12:07 am ad1c9bdddf
Strategic Audit for the Panasonic group.
Step 8: Performance Evaluation and Control
When and how will the Panasonic Group evaluate performance?
The actual evaluation of the Panasonic Group performance takes place at the year end. There are financial quarterly reports that are published in accordance to the law but they are not taken seriously for performance evaluation. The main criteria being used for performance evaluation are the cost advantages developed during the year, the percent of online growth, the market share, the strength of the Panasonic Group brand equity, and the overall financial position.
What are the desired quantitative and qualitative measurements that the Panasonic Group uses to measure success?
The desired quantitative and qualitative measurements that the Panasonic Group uses to measure success are the percent of cost reductions, the percent annual increase in online sales, the percent increase in market share and the leadership position in each market, the percent improvement in brand recognition, and the revenues/operating income/ net income.
Will this strategy justify the needed time and resources of the Panasonic Group?
This answer provides you an excellent discussion on Panasonic Group. A strategic audit is examined.