Mcs Question Set

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    Chapter 1

    What is MCS? Explain in detail the basic elements of control process.

    It is required to have coordination amon! all elemnts of control to have better s"stem of contorllin!#

    Explain.

    Write a note of $oal Con!ruence

    %he scope of mana!ement control s"stem is not limited to %op level mana!ement but it affects the&hole or!ani'ation.# (o "ou a!ree &ith this statement? Wh"?

    Explain complex features of or!ani'ation and mana!ement. Explain various elements of MCS. What

    are initiatives ta)en b" Mc*erne"+ CE, of -M? Explain.

    Explain term %as) control+ Mana!ement Control and distin!uish bet&eeen the t&o. Explain the

    impact of internet on mana!ement control.

    Chapter /

    (iscuss different t"pes of corporate level strate!ies &ith suitable practical example.

    Ever" business unit should develop a competitive advanta!e in order to accomplish its mission#

    Explain &ith respect to 0orters ive orce Model &ith a suitable example.

    Write a note on process of strate!" formulation.

    Chapter -

    (isti!nuish bet&een functional or!ani'ation and S23

    Explain role of a controller

    Explain the informal factors that influence !oal con!ruence

    Chapter 4

    5esponsibilit" centers constitute the structure of MCS and its functions as perforamnce measurement

    tool of the mana!ers# (iscuss in context &ith Expense centers.

    What are responsibilit" centers? Explain its t"pes.

    (efine 5esponsibilit" center and describe its si!nificance

    Strin!ent control over discretionar" expenses is more critical a tas) than controllin! the en!ineered

    expenses#. Comment

    (istin!uish bet&een En!ineered Expense 6s (iscretionar" Expense

    In discretionar" expense center+ the financial perforamnce report is not the onl" means of evaluatin!

    the efficienc" as &ell as effectiveness of mana!ers.# Explain.

    %he primar" idea behind creatin! responsibilit" centers is to encoura!e intraprenuership amon!st

    business mana!ers# Explain this proposition.

    Chapter 7

    What is profit center? What are the advanta!es of establishin! or!ani'ation units as profit centers?What are its difficulties?

    0ositive and ne!ative effect of more than one profit center depends on nature of or!ani'ation. (o "ou

    a!ree &ith the statement? Explain.

    Explain various t"pes of profitabilit" measurement

    Chapter 8

    What is value chain anal"sis? 9o& it is useful in mana!ement control? Explain &ith example

    What is activit" based costin!? 9o& do &e use it in strate!ic plannin! process?

    What is strate!ic plannin!? 9o& it can be differentiated &ith strate!" formulation? Expalin &ith

    example.

    (iscuss strate!ic the process of strate!ic plannin! implementation in an or!ani'ation. 9o& &ould "ou anal"'e on!oin! business? Explain &ith suitable practical example.

    Explain advanta!es and pitfalls of strate!ic plannin! from vie& point of mana!ement control

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