Enrolment No.______________
GUJARAT TECHNOLOGICAL UNIVERSITY
M.B.A -IVth SEMESTER–EXAMINATION – MAY- 2012
Subject code: 840003
Subject Name: Management Control System (MCS)
Time: 10:30 am – 01:30 pm
Date: 17/05/2012
Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1
(a) Explain terms ‘ Task Control ‘, ‘ Management Control’ and draw the 07 distinction between the two .Explain the impact of internet on Management
Control .
(b) Explain in brief of the meaning of ‘ Responsibility Center ‘ and various types 07 of responsibility centers with suitable examples .
Q.2
(a) What are objectives of ‘ transfer pricing ‘ ? Explain brief various methods of 07 transfer pricing .
(b) Explain in detail of budget preparation process . How simulation and 07 probability are used in budgetary control ?
OR
Explain the process of strategic planning process and benefits and limitations 07
(b)
of strategic planning .
Q.3
(a) “ Management control in service industries is some what different from management control in manufacturing companies “ . Critically examine
(b) What do you understand by ‘ Non – profit organization ‘ and what are their special characteristics ?
OR
(a) Explain detail of special problems that are faced by global organization .
(b) What makes management control of projects different from the management control of ongoing activities ? Explain
Q.3
Q.4
07
07
07
07
(a) How corporate level strategy is to be formulated in single industry firms and 07 in unrelated diversified firms ? Cite examples
(b) Explain advantages of having profit centers and difficulties with profit 07 centers .
OR
Q.4
(a) What are the roles of ‘Controller ‘ or ‘ CFO ‘ and ‘ Business Unit Controller 07
‘ in management control ? Explain
(b) How profitability can be measured ? Explain various types of