MS-43 Dec 2022

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MANAGEMENT PROGRAMME
Term-End Examination
December, 2022

MS-043 : MANAGEMENT CONTROL SYSTEMS

Time : 3 hours Maximum Marks : 100


(Weightage : 70%)

Note : Attempt any five questions. All questions carry


equal marks.

1. Explain the nature and purpose of Management


Control. How is Management Control different
from Strategic Planning ? Explain the principal
types of financial responsibility centres.

2. What do you mean by Business Process


Re-engineering ? Discuss the rules laid down for
Re-engineering and integration by Hammer.

3. Define Investment Centre. Discuss the different


methods used for measuring investment centre
performance.

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4. Discuss the factors on which the autonomy of
profit centre/divisional managers depends.
Describe the benefits an organisation enjoys
from profit decentralization.

5. Explain the objectives and characteristics of


reward and compensation system. What are the
various types of short-term incentive plans ?

6. Describe Activity-Based Costing (ABC) and the


stages in ABC. How is ABC implemented in an
organisation ?

7. Explain the special characteristics of Non-Profit


Organisations. How is Management Control
System for Non-Profit Organisations different
from Commercial Organisations ?

8. Describe the basic processes of a project. Explain


in detail the different aspects considered for
evaluating a project.

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