MS043 Management Control Systems IGNOU exam question paper

MS-043: Management Control Systems last 3 yrs paper

June, 2021

  1. Discuss the concept of strategy and explain the BCG model and the General Electric (GE) Planning model. Explain the interface dynamics of strategies and management control.
  2. What are the attributes of Management Control Systems? Discuss the behavioural aspects of management control systems.
  3. What are Responsibility Centres? Discuss the various responsibility centres and explain how units of an organisation are designated as responsibility centres.
  4. What do you understand by Profit Decentralization? How does the process of profit decentralization lead to the establishment of Profit Centres? Discuss the benefits and limitations of profit decentralization.
  5. Explain the following:

    (i) Capital Budgeting and Control

    (ii) Behavioural and Ethical Aspects in Budgeting and Reporting

  6. What do you understand by Performance Measurement System? Explain the various types of metrics used in performance measurement.
  7. ‘‘Multinational Corporations operate across nations having different national cultures, institutions and local environment.’’ How do these differences across nations alter the management control systems of multinational corporations?
  8. Explain the nature of projects and discuss the phases of a project life cycle. Explain the control environment of a project.

June, 2020

  1. Explain the nature and purpose of management control systems. Briefly explain the various new management techniques used for management controL
  2. Explain the concept of Radical Performance Improvement (RPI) and discuss the role of management control, systems in facilitating RN.
  3. What is a Responsibility Centre and why are responsibility centres estabilished? Briefly explain the various types of responsibility centres.
  4. Explain the concept of profit centre and discuss the rationale for profit decentralization. Discuss the limitations and benefits of profit decentralization.
  5. Define budgetary control and describe the steps involved in budgetary control system. In what way is standard costing different from budgetary control?
  6. Mow does organization wide incentive plans differ from individual incentive plans? Discuss the different types of organizational incentive plans.
  7. Describe the unique characteristics of financial service organizations. Explain in detail the various variables of banking system which affect the management control system of a bank
  8. Discuss the characteristics of a project. How do processes and prdcedures relating to project differ from on-going activities?

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