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Important announcement: (Last date of submission for January 2023 session is 30th April, 2023 and for July 2023 sessions is 31st October, 2023)
1. Explain the important attributes of Management Control Systems and discuss the importance of behavioral dimensions in designing management control systems.
2. What is a Responsibility Centre and why are responsibility centres established? Briefly explain each type of responsibility centre.
3. What is a Performance Measurement system? Explain the various metrics used for performance measurement.
4. What are the objectives of reward and compensation plans? Discuss in detail the various types of short term and long term incentive plans.
5. Explain the risk characteristics of a bank and discuss the role of management control system in containing these risks.
July 2022
Q1. Discuss the integration of Total Quality Management (TQM) and Just In Time (JIT) techniques with the management control systems.
Q2. In any organization of your choice try to find out the different types of Responsibility Centres that are established and the reasons for having such centres. Give a report on your findings and suggestions if any.
Q3. Explain the following organization-wide incentive systems:
(a) The Scanlon Plan
(b) The Kaiser Plan
Q4. 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
Q5. Study the Case of ‘Sun Cellular Limited’ given in Block 5 of this course and answer the questions given at the end of the case.
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IGNOU MS43 MBA Assignment Question
1. Discuss the inter linkages between TQM, JIT, Activity Based Costing, with the Management Control Systems.
2. Select any Organization of your choice and study how the performance of Investment Centres are measured in that organisation? Give your views on the method that is being practiced by that organization.
3. You are required to prepare a Flexible Budget for the production at 80 percent and 100 percent activity on the basis of the following information:
Production at 50 % capacity 5,000 units
Raw materials Rs. 80 per unit
Direct labour Rs. 50 per unit
Direct expenses Rs. 15 per unit
Factory expenses Rs. 50,000 (50% fixed)
Administrative expenses Rs. 60,000 (60% variable)
4. As a manager of a Multinational Company what are the difficulties that you may be confronted with while adopting management control practices across various countries.
5. Study the ‘Christian Medical College and Hospital, Vellore’ Case given in Block 5 of this course and answer the questions given at the end of the case.
