Management Control Systems — Winter 2024

Discuss and Differentiate between Task Control & Management Control.

Explain the concept of Responsibility Centre. Describe types of Responsibility Centre. OR07

Explain similarities and differences between a Revenue Center and an Expense Center.

Write a Detailed note on “Profit Center”.

07

Compare and Contrast between EVA and ROI.

Describe the concept of “Transfer Pricing” in detail.

What is Budget? Explain various types of budget prepared by the Management of the Company.

Which kind of different strategic measures are required to consider for designing a

07 Performance measurement system for an organization?07

Explain the concept of Goal Congruence. Describe various factors affecting to Goal Congruence in the organization.

Discuss various long term and short term incentive plans.

07

Describe Balanced Scorecard method. What are its advantages? 1 | Pa ge Case Study :- Q.5 IBM Electronic makes three products P, Qand R. Pis for an exclusive segment. Qis for upper class, not so exclusive segment. Ris for mass segment. They have different brand names and are sold through different distribution channels. IBM Electronics consider P, Qand Ras separate divisions. The manufacturing lines are also divisionalized. But some components are common between them. IBM centrally buys some of these components and allows each of the divisions to specialize in the manufacture of particular components which are them not purchased from outside sources. These decisions to make these components are made for many complex reasons. From past records, it was noticed, Divisions Pinnovates in new products which are then incorporated by Divisions Qand R. conversely, Division Rhas a track record of excellent process innovations that reduce costs and these are picked up by Pand Q.07