MMPF-003 Management Control Systems Solved Question Paper December 2022

MMPF-003 Management Control Systems Solved Question Paper December 2022

Management Control Systems
Course Code: MMPF-003

MASTER OF BUSINESS ADMINISTRATION

Term-End Examination
December, 2022

MMPF-003 : MANAGEMENT CONTROL SYSTEMS
Time : 3 hours Maximum Marks : 100
Weightage 70%

Note : (i) Attempt any five questions.
(ii) All questions carry equal marks.

1. What is Management Control ? Discuss the
objectives of management control system and
explain the factors influencing the design of
Management Control Systems.
2. Discuss the concept of Radical Performance
Improvement (RPI) and explain the role of
management control systems in facilitating RPI.
3. What do you understand by delegation of
authority and assignment of responsibility ?
Explain the concept of Responsibility Accounting
and discuss its benefits.

4. What is a ‘Cost Centre’ ? Differentiate between
Engineered expense centre and Discretionary
expense centre. How is the performance of
Engineered expense centre measured ?
5. What is an ‘Investment Centre’ ? Discuss the
objectives of establishment of Investment Centre
and explain in detail the techniques used to
measure the performance of Investment Centres.
6. Discuss the merits of using multiple performance
indicators for performance measurement. Explain
in detail the General Electric (GE) performance
measurement model.
7. Explain the following :
(a) Business Process Reengineering (BPR)
(b) Value-added Analysis
8. Describe the unique characteristics of financial
service organisation. Discuss the various risks
faced by the banks and explain how management
control system can contain these risks.