Description
ASSIGNMENT
Course Code : MMPF – 003
Course Title: Management Control Systems
Assignment Code :MMPF – 003 /TMA/JULY/2026/JAN/2027
All Blocks Note: Attempt all the questions and submit this assignment to the Coordinator of your study centre. Last date of submission for July 2026 Semester is 31st October 2026 and for January 2027 Semester is 30th April 2027.
1. Explain the concept of ‘Strategy’. What issues are addressed by corporate level strategies? Describe the various Business Unit level Strategies.
2. What are ‘Responsibility Centres’? Describe in detail the various types of Responsibility Centres. Discuss the benefits and limitations of profit Decentralization.
3. What are the objectives of ‘Reward and Compensation plan’? Discuss the characteristics of Incentive Compensation Plans. Describe the Total Bonus Plan and Deferred Compensation Plan.
4. Explain the following: (a) Business Process Reengineering (BPR) (b) Enterprise Resource Planning (ERP) (c) Programme and Performance Budgeting (PPB) (d) Agency Theory Framework
5. What are the characteristics of Service Organizations? Describe the General Characteristics and Risk Characteristics of Banks. Discuss the role of Management Control Systems in containing risks faced by the Banks.
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