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Chapter 1
What is MCS? Explain in detail the basic elements of control process.
It is required to have coordination amon! all elemnts of control to have better s"stem of contorllin!#
Explain.
Write a note of $oal Con!ruence
%he scope of mana!ement control s"stem is not limited to %op level mana!ement but it affects the&hole or!ani'ation.# (o "ou a!ree &ith this statement? Wh"?
Explain complex features of or!ani'ation and mana!ement. Explain various elements of MCS. What
are initiatives ta)en b" Mc*erne"+ CE, of -M? Explain.
Explain term %as) control+ Mana!ement Control and distin!uish bet&eeen the t&o. Explain the
impact of internet on mana!ement control.
Chapter /
(iscuss different t"pes of corporate level strate!ies &ith suitable practical example.
Ever" business unit should develop a competitive advanta!e in order to accomplish its mission#
Explain &ith respect to 0orters ive orce Model &ith a suitable example.
Write a note on process of strate!" formulation.
Chapter -
(isti!nuish bet&een functional or!ani'ation and S23
Explain role of a controller
Explain the informal factors that influence !oal con!ruence
Chapter 4
5esponsibilit" centers constitute the structure of MCS and its functions as perforamnce measurement
tool of the mana!ers# (iscuss in context &ith Expense centers.
What are responsibilit" centers? Explain its t"pes.
(efine 5esponsibilit" center and describe its si!nificance
Strin!ent control over discretionar" expenses is more critical a tas) than controllin! the en!ineered
expenses#. Comment
(istin!uish bet&een En!ineered Expense 6s (iscretionar" Expense
In discretionar" expense center+ the financial perforamnce report is not the onl" means of evaluatin!
the efficienc" as &ell as effectiveness of mana!ers.# Explain.
%he primar" idea behind creatin! responsibilit" centers is to encoura!e intraprenuership amon!st
business mana!ers# Explain this proposition.
Chapter 7
What is profit center? What are the advanta!es of establishin! or!ani'ation units as profit centers?What are its difficulties?
0ositive and ne!ative effect of more than one profit center depends on nature of or!ani'ation. (o "ou
a!ree &ith the statement? Explain.
Explain various t"pes of profitabilit" measurement
Chapter 8
What is value chain anal"sis? 9o& it is useful in mana!ement control? Explain &ith example
What is activit" based costin!? 9o& do &e use it in strate!ic plannin! process?
What is strate!ic plannin!? 9o& it can be differentiated &ith strate!" formulation? Expalin &ith
example.
(iscuss strate!ic the process of strate!ic plannin! implementation in an or!ani'ation. 9o& &ould "ou anal"'e on!oin! business? Explain &ith suitable practical example.
Explain advanta!es and pitfalls of strate!ic plannin! from vie& point of mana!ement control
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